Sold

1046 Laguna Avenue

Los Angeles CA, 90026

$1,600,000


$492.31 per sqft

Sold

10 Beds

5 Baths

3,250 sqft

Residential

Built in 1922

Listed by Jason Tuvia with Marcus & Millichap 818-212-2700

Marcus and Millichap is pleased to present a five (5) unit apartment building located at 1046 Laguna Avenue in Los Angeles, California. Situated in a prime Echo Park location, this is one (1) of a three (3) property portfolio which may be sold together or separately. Built in 1931, this property contains a great unit mix of two (2) studio / one bathroom units, one (1) one bedroom / one bathroom unit, and two (2) two bedroom / one bathroom units. This well-maintained, craftsman style building boasts tons of character with incredible hillside views and no soft-story retrofit required. Each unit features its own private entrance, in-unit washer/dryers, individual water heaters, & fully separate meters for all utilities. The property recently passed LA Housing SCEP Inspections. Positioned around the corner from Echo Park Lake and Sunset Boulevard, the property boasts plenty of yard space, decks, patios, five (5) garage/storage spaces with potential to convert into ADU units, fresh landscaping, and much more. Tenants will love living in a quiet residential pocket adjacent to the trendiest retail, restaurant, and entertainment amenities available in Los Angeles. Offered as part of a three (3) property Echo Park portfolio, 1046 Laguna Avenue offers an investor very high cash flow with separate garages for each unit which have the opportunity to be converted to ADUs around the corner from Echo Park Lake.

22198815

MLS ID

September 2, 2022

Listed

March 23, 2024

Updated

Map

1046 Laguna Avenue
Los Angeles CA, 90026

Interior Features

Total Stories

2


Bedrooms

10 Beds


Bathrooms

5 Baths


Appliances

Built-In, Refrigerator, Dryer, Washer


Fireplace

Yes


Fireplace Description

Decorative


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Back Yard, Front Yard, Lawn, Landscaped, Secluded


Architectual Style

Craftsman

Other Property Details

Area Name

C21 - Silver Lake - Echo Park


Days on Market

40


Garage

Yes


Garage Spaces

5


Parking

Carport, Storage


Parking Total

5


View

Yes


View Description

City Lights, Lake


County

Los Angeles


Pool

No


Pool Features

None


Waterfront

Yes


Zoning

LARD2


Buyer Agency Compensation

2%

Listing Contact: 818-212-2700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:35 AM UTC

 

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