1608 Cerro Gordo ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,874 sqft
Price per Sqft $748
MLS Listing ID 25529975
Bedrooms 5
HOA Y/N No
Year Built 1924
Lot Size 5,370 Sqft
Property Description
A rare opportunity to acquire a secluded compound in the sought-after Echo Park neighborhood of Elysian Heights. This special property features four distinctive units across three charming Spanish bungalows, each offering hardwood floors, period kitchens and baths, views, original architectural details and private outdoor spaces. The crown jewel of the property is a stunning three-story townhouse, boasting 2 bedrooms, 2 bathrooms, and a private ground-level entrance - perfect for an owner-user or premium rental. All units have been thoughtfully renovated and well maintained, offering strong market rents with one unit delivered vacant at close of escrow. Explore the serene neighborhood and see why this area is in high demand with great options for food and drink at Lady Byrd Cafe, Canyon Coffee, Valerie Echo Park, Bacetti Trattoria, Tilda, Cookbook Market, Elysian Park hiking trails and local shops. Ideal for investors seeking a return approaching a 5% CAP or for your personal residence looking to offset mortgage costs with rental income. Please do not walk the property or disturb tenants.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Refrigerator,Dryer,Washer
Exterior
Parking Features None
Community Features Gated
View Y/N Yes
View Park/Greenbelt
Building
Entry Level Multi/Split
Sewer Sewer Tap Paid
Water Public
Architectural Style Spanish
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5443010005
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Financing Cash
Special Listing Condition Standard