5938 Echo Street

Los Angeles, CA 90042

$1,250,000
Price
5
Beds
3
Baths
2,180 Sq. Ft.
$573 / Sq. Ft.
2,180
Sq. Ft.
$573
per Sq. Ft.

Description

Sitting in the heart of Highland Park, in a Historic Preservation Overlay Zone (HPOZ) a stunning 2-story bungalow styled home and detached nest is up for sale ! This delightful front home boasts 6 bedrooms and 2 bathroom. Three downstairs and three on the top floor - with a bathroom on each. A specially blended living and dining room opens up into the kitchen with its own small breakfast nook. This unit sits in a peaceful tree-lined street, next to Figueroa's most well-known eateries and shops, and...Sitting in the heart of Highland Park, in a Historic Preservation Overlay Zone (HPOZ) a stunning 2-story bungalow styled home and detached nest is up for sale ! This delightful front home boasts 6 bedrooms and 2 bathroom. Three downstairs and three on the top floor - with a bathroom on each. A specially blended living and dining room opens up into the kitchen with its own small breakfast nook. This unit sits in a peaceful tree-lined street, next to Figueroa's most well-known eateries and shops, and close to the Metro Gold Line. Behind this house sits a back unit, entirely detached, and is tenant occupied. . Which features a one bedroom-one bathroom flat above with deck, and a spacious studio below with its own half-bath. All this on an LARD2-zoned lot! You can check off that box for a new project in the new year this one is totally worth it!
  1. Listed by Dae Young Hur • DRE #01489175 • Brokerage DRE #01364089 • Keller Williams Larchmont
  2. Listed by Jong Seong Lim • DRE #02153225 • Brokerage DRE #01364089 • Keller Williams Larchmont

Property Details for 5938 Echo Street

Zoning
LARD2
Style
Craftsman
Parcel Number
5492016007
Total Units
2.0
Living Area
2180
Source Living Area
Vendor Enhanced
Area
Highland Park (632)
Vacancy Rate
0
LISTING UPDATED: 12/07/2024 04:31 PM

Property Details for 5938 Echo Street

StatusActive
MLS #23-271613
Days on Market571
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.13 AC / 5,798 SF
CountyLos Angeles County

Building Information for 5938 Echo Street

Stories2Residences-Year Built1907Building Size-Lot Size0.13 AC / 5,798 SF

Property Information for 5938 Echo Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: income
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $88,800
  • Net Operating Income: $82,800.00
  • Gross Income: $88,800
  • Cap Rate: 6.10%
  • Gross Rent Multiplier: $15.20
  • Actual Annual Gross Rent: $88,800.00
  • Actual Gross Annual Income: $88,800
  • Actual Rent Total: $88,800.00
  • Owner Pays: Water
  • Total Annual Expense: 6000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1331
  • Lot Size Square Feet: 5798
Parking Details
Parking Details
  • Parking Garage: Driveway, Driveway - Combination
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: Driveway, Driveway - Combination
Interior Features
Interior Features
  • Room Type: Art Studio
  • Rooms: Art Studio
  • Levels: Two
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Electric
  • Cooling Type: Electric, Air Conditioning
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: Dishwasher, Dryer, Freezer, Gas Dryer Hookup, Microwave
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Cooktop - Gas
  • Laundry: Laundry Area, Inside
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-17-2023
  • Tenant Pays: Gas, Insurance, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: Yes
  • Unit Rent: $6,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 11
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $126,243.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $504,999.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $631,242.00

Property History for 5938 Echo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5938 Echo Street

Taxable ValueLand$858,330Additions$442,170Total$1,300,500
Tax Record2024$16,031 ($1,336 / month)
Home Facts
Total Finished SqFt2,180 SqFtAbove Grade Finished SqFt2,180 SqFtLot Size5,798 SqFtStyleTriplexYear Built1907ZoningLARD2CountyLOS ANGELESAPN5492-016-007

Schools near 5938 Echo Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 2 to 5
Public - 6 to 12
Charter - 9 to 12
Public - 6 to 8
Rating
School
Distance
Monte Vista Street Elementary School
Public2 to 5

Benjamin Franklin Senior High School
Public6 to 12

Los Angeles International School
Charter9 to 12

Luther Burbank Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5938 Echo Street is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on May 17, 2023 by Keller Williams Larchmont, it's currently listed at $1,250,000. It has been on the market for a total of 571 days and was last sold on March 21, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Monte Vista Street Elementary School, Benjamin Franklin Senior High School and Los Angeles International School. 5938 Echo Street is a 5-bed, 3-bath, 2,180 sqft multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Larchmont, Dae Young Hur, DRE #01489175; Keller Williams Larchmont, Jong Seong Lim, DRE #02153225

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.