1625-1627 N. Alvarado Street in Echo Park

January 24, 2018

1625-1627 N. Alvarado Street, Los Angeles, CA 90026

Beds: 3 | Baths: 2 | Size: Approx. 2,648 sqft
$999,000

Echo Park duplex circa 1921 delivered FULLY VACANT. Those magical words give you so many options with this special Spanish hillside property: fix up the units and move into one and rent out the other to help cover your mortgage. Remodel them both and rent them out for market rate. Combine the units and create a single family home, or even look into development opportunities to take advantage of the two lots and C2 zoning (check with LADBS).

With views of the hills and beyond this two-story home is full of character and an abundance of space. Lower unit is a 2BR/1BA with built-ins, original windows, and bonus spaces. Upstairs is a 1BR/1BA with large den. Spacious fenced-in yard with garden and grassy area and plenty of room to entertain and take in the views. 

Located close to all the hot spots of Echo Park & Silver Lake this is a fantastic investment opportunity in one of LA’s most desirable areas with a very strong rental market.

To schedule a showing or discuss another property of interest or listing your own, email me or call me at 310.913.7651

Listing courtesy of Take Sunset Team, Sotheby’s International Realty

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