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Listed by: Jeanine Davidson (949) 374-3725 DRE #01980323 | eXp Realty of California Inc (888) 584-9427
$1,997,000
5 Beds
- 4 Baths
2,209sqft
2136 Lemoyne St, Los Angeles, CA 90026
$1,997,000
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Multi Family
Built in 1924
$-- HOA
7,507 sqft lot
$904/sq.ft
Description
Echo Park Duplex Renovated, Tenant-Occupied, and Investor-Friendly with ADU Upside Potential. Strong investment opportunity in one of Los Angeles' most appealing rental markets. With pro forma cap rate of 6.01% (not including ADU Upside), this renovated Echo Park duplex delivers income in place with month-to-month tenants, low-maintenance ownership from over $350,000 in improvements, and clear upside with a spacious two-car garage suitable for ADU conversion or additional living space. Set on a low-maintenance, natively landscaped hillside lot in Elysian Heights, the property includes two fully detached units, each on month-to-month leases, providing investors with both...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1924
HOA Fees
-
Finished Area
2,209 sqft
Lot Size
7,507 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25572545
MLS Status
Active
Days on Market
135
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