$1,299,000
For Sale

1724 Clinton Street

Los Angeles, CA 90026
Listing OfficeSotheby's International Realty
Browse 124 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

A Rare Gem in Echo Park - Exceptional Investment Opportunity!Discover the hidden potential of this residential income opportunity, nestled in the heart of Echo Park. This property offers an extraordinary opportunity for astute investors or those seeking to transform a classic structure into something truly remarkable. With ample space, it presents the perfect canvas for modern updates and creative enhancements.Each one of the income properties boasts generous interiors with flexible layouts, inviting the possibility of contemporary redesigns tailored to meet today's living standards. From original finishes, this building is primed for those with a vision to bring it to its fullest potential.The property features a quaint outdoor space, ideal for creating a charming garden oasis or a welcoming communal area for future residents to enjoy. With strategic improvements, there is immense potential to increase rental income and significantly boost property value.Located in one of Echo Park's most dynamic and evolving neighborhoods, this investment opportunity is as much about lifestyle as it is about financial growth. The area's eclectic culture, burgeoning dining scene, and proximity to downtown LA make this building a standout choice for those looking to capitalize on its superb location.Seize the chance to turn this diamond in the rough into a polished gem - the possibilities are endless.

  • Interior Details
      • InteriorBeamedCeilings, Balcony, CofferedCeilings, HighCeilings, AllBedroomsUp, AllBedroomsDown
  • Property Details
      • Lot DescriptionSprinklersNone
      • Exterior MaterialsBalcony
      • Stories2
    • Measurements
      • Acres0.1287
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1906
    • Material information
      • FoundationBrickMortar, Raised
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNot Applicable
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,299,000
  • Other
      • MLS #V1-25982

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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