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1525 Cortez Street

Los Angeles (City), CA 90026
  • $850,000
  • STATUS: Active
  • ON SITE: 331 Days
  • ID#: DW23222078
UPDATED: 73 min ago
$850,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Listing Agent(s): Melanie Guillen of Lee & Associates Los Angeles (323-922-3832)


Description

Detached Duplex, and investment opportunity with lots of potential in prime location near Echo Park/Silverlake , minutes to historic Echo Park Lake, and adjacent to DTLA. Front Home is perched up stairs with city lights view and it is a craftsman, 2 bedroom 1 and 1/2 baths approximately 1,150sqft and, rear detached unit is 3 bedrooms, 2 baths, approximately 1,597 sqft. Both units are fixers and as such priced to sell. Fully leased with room for upside, with great paying tenants. Street parking only.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T13:27:24.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/146690116
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1525 Cortez Street Los Angeles (City), CA 90026

  • Price: $850,000
  • Status: Active
  • On Site: 331 Days
  • Updated: 73 min ago
  • ID#: DW23222078
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1914
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Detached Duplex, and investment opportunity with lots of potential in prime location near Echo Park/Silverlake , minutes to historic Echo Park Lake, and adjacent to DTLA. Front Home is perched up stairs with city lights view and it is a craftsman, 2 bedroom 1 and 1/2 baths approximately 1,150sqft and, rear detached unit is 3 bedrooms, 2 baths, approximately 1,597 sqft. Both units are fixers and as such priced to sell. Fully leased with room for upside, with great paying tenants. Street parking only.
Exterior Features

Entry Level 1 Entry Location Stairs Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Flooring LaminateTile

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Garage YN No Gross Income 0 Gross Scheduled Income 36628 Insurance Expense 875.38 Land Lease YN No Laundry Features In Kitchen Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 35539.24 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 1088.76 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Source Public Zoning LACW



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T13:27:24.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Melanie Guillen of Lee & Associates Los Angeles (323-922-3832)