If you take into account the (low rent) tenant in front will be vacated possibly as early as end of this year and almost certainly no later than end of 2017, this duplex suddenly becomes a great deal for Echo Park! Once she is gone that unit can be renovated for as little as $30-40,000 and then be a $2400/mo rental including separate structure that comes with it which can be office/studio. It will be perfect for an owner/user! Consider all the amazing attributes of this duplex: a) wonderful location on a hill in prime Echo Park with great views b) plenty of off street parking c) market rent in one unit and second unit to be vacant very soon d) larger unit already fully renovated. Each unit has its own separate structure (garage) which can be used for any number of purposes as there is already plenty of off street parking on site. e) washer/dryer hookups for each unit.
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, Listed on
KEN SHAPIRO, License# 01881308,
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This 3 bedroom Multi-Family home
for sale in Silver Lake - Echo Park, CA
is currently listed for $749,000.
Featuring a lot size of 4,966 Sq. Ft.,
1817 N Alvarado St
was built in 1922 and
has been on ERA.com for 81 days.
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