Skip To Content

1549 Baxter St

Los Angeles, CA 90026
  • $2,495,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 21-794358
UPDATED: 157 min ago
$2,495,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,450
    SQFT
  • $723
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

Four unit masterpiece in a prime Echo Park location! Experience Echo Park's tree-lined streets and canyon views. Hike Elysian Park trails or stroll to several local eateries. Unit mix: 3 bed+2 bath, 2+1.5, 1+2 and 1+1. All units upgraded and the building delivered completely vacant. The back 1+2 can be used as 2 studio units. 3-D scans available for all units on website. Go to website for showing request form. Laundry for each unit, dedicated patio spaces and private alley access parking for up to 7 cars. The entire building was a 30-day+ furnished rental. And conforms with LA city guidelines for this use. Land zoned R3-1VL allowing for up to 9 units. Many options for expanded use: add more units at the back of the lot; subdivide interior space as ADU or traditional rental units (was 5 units); continue short-term rental; rent long-term; owner occupy one of the units. Located on a flat section of Baxter Street with an upslope lot. Bonus large walk-in basement. Across the street from Elysian Heights Elementary Arts Magnet. Residential neighborhood with easy access to public transportation. Estimated rents are for long-term use. Buyer to verify all details.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T23:44:10.407. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.theparsonsrealestateteam.com/homes/122312617
Print Image

1549 Baxter St Los Angeles, CA 90026

  • Price: $2,495,000
  • Status: Active
  • Updated: 157 min ago
  • ID#: 21-794358
6
Beds
0
Baths
0
½ Baths
0.17
Acres
3,450
SQFT
$723
$/SQFT
1936
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
Four unit masterpiece in a prime Echo Park location! Experience Echo Park's tree-lined streets and canyon views. Hike Elysian Park trails or stroll to several local eateries. Unit mix: 3 bed+2 bath, 2+1.5, 1+2 and 1+1. All units upgraded and the building delivered completely vacant. The back 1+2 can be used as 2 studio units. 3-D scans available for all units on website. Go to website for showing request form. Laundry for each unit, dedicated patio spaces and private alley access parking for up to 7 cars. The entire building was a 30-day+ furnished rental. And conforms with LA city guidelines for this use. Land zoned R3-1VL allowing for up to 9 units. Many options for expanded use: add more units at the back of the lot; subdivide interior space as ADU or traditional rental units (was 5 units); continue short-term rental; rent long-term; owner occupy one of the units. Located on a flat section of Baxter Street with an upslope lot. Bonus large walk-in basement. Across the street from Elysian Heights Elementary Arts Magnet. Residential neighborhood with easy access to public transportation. Estimated rents are for long-term use. Buyer to verify all details.
Exterior Features

Direction Faces South Exterior Construction Stucco Lot Size Area 7420 Other Structures None Parking Garage None Patio Features Deck(S)BalconyPorch - Front Paved YN Yes Roof Asbestos Shingle Style Low Rise Total Parking 7 View Description Canyon View YN Yes

Interior Features

Bathroom Features Low Flow Toilet(S)Low Flow Shower(S) Baths Total 6.50 Cooling Air Conditioning Equipment DishwasherDryerMicrowaveRange/OvenRefrigeratorWasher Flooring HardwoodTile Foundation Details Block Heating Central Interior Features BasementBeamed Ceiling(S)Coffered Ceiling(S)Turnkey Laundry In UnitLaundry Area Water Heater Features Gas

Property Features

Alley YN Yes Assessed Total Value 747871 Gross Income 166500 Gross Operating Income 161505 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 116623.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWaterGas Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S) Sewer In Street Paid Source Living Area Plans Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGasTrash Collection Total Annual Expense 44882 Type Of Units Attached Water Public Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Darren Hubert DRE#01330183 of Avenue 8, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T23:44:10.407. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-794358-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-794358-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-794358-2.jpg
Logo
The Parsons Team | Keller Williams Realty
251 S. Lake Ave #150
Pasadena CA, 91101