1506 Scott Avenue Los Angeles, CA ^$ 1,750,000

1506 Scott Avenue

^$ 1,750,000

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1506 Scott Avenue

Los Angeles, CA, 90026

^$ 1,750,000

Studio Baths0.0 Sq 2,652

Monthly Estimate*

^$ 11,631

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,750,000. This 2,652 square foot home was built in 1922 on a lot size of 0.16.

Attractive finance options with seller 1st Trust Deed carryback (minimum 35% down) offers ideal opportunity for owner occupancy. Charming, extensively renovated and nicely landscaped 6-unit property comprised of 3 individual duplexes in prime hills of Echo Park above Sunset Blvd between Echo Park Blvd and Elysian Park. Five of the one bedroom/one bathroom units have has been uniquely renovated, 5 of 6 having dedicated private yards. A short distance to everything Echo Park has to offer, including the Friday farmer's market, Lassen's, Cookbook Canyon Coffee, Bacetti Trattoria, and so much more. Property improvements include upgraded electric/gas meters, on-site laundry room, copper plumbing, newer roofs, and upgraded sewer line. The property is under the City of Los Angeles Rent Stabilization Ordinance. PLEASE DO NOT DISTURB TENANTS. PLEASE DO NOT LOOK THROUGH WINDOWS OR HEDGES.

Multi-Family Pending

Price

^$ 1,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024355179

Features

General

Sewer None

Heating Wall Furnace

Year Built 1922

Levels One

County Los Angeles

Net Operating Income 81311.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Pending

City Los Angeles

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area C21 - Silver Lake - Echo Park

Lot Size Square Feet 7024.0

Street Name Scott

Standard Status Pending

Buyer Agent Compensation Type %

Exterior

Lot Size Area 7024.0

Building Area Total 2652.0

Lot Dimensions 140x51

Lot Size Acres 0.16

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 1

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Peter V Buonocore

Listing Agent

Keller Williams Larchmont

Broker

Affordability Calculator

$11,631

Per Month

Monthly Principal & Interest: $11,631
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,984,392

Percent of Sale Price 13%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/6/2024	$1,750,000		Listed Price

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1506 Scott Avenue, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $1,750,000 with 2,652 sqft and a lot size of 0.16. 1506 Scott Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/5/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1506 Scott Avenue

Multi-Family Home for sale in Los Angeles, CA

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