1445 Calumet Avenue
1445 Calumet Avenue
$2,300,000
7
7
3,144
3,144
$732
Open: 5/7 12:00PM - 02:00PM
Description
This private, charming, turnkey investment, with current annual NOI over $111,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private deck and outdoor space. These units were fully renovated in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity...This private, charming, turnkey investment, with current annual NOI over $111,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private deck and outdoor space. These units were fully renovated in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained with newer roofs, sewer lines and decks. There is still quite a bit of upside. Units are SFR so possible TIC candidate. Total projected 2024 rent for all 7 units: $177,092/ yr. Pro forma rent: $247,221/ yr. (7.81% Cap rate). Current cap rate 4.86%. Permit history, general and sewer inspections, and rent rolls available for viewing.
- Listed by Emily Johnson • DRE #01877330 • Brokerage DRE #01407690 • Sotheby's International Realty
Property Details for 1445 Calumet Avenue
Zoning
LAR2
StyleBungalow
Parcel Number5405013019
Total Units7.0
Living Area3144
Source Living AreaVendor Enhanced
AreaSilver Lake (671)
Subdivision NameAngeleno Heights
Open Houses
Tuesday, May 7th
12:00 PM - 2:00 PM
Location
LISTING UPDATED: 05/01/2024 01:30 PM
Property Details for 1445 Calumet Avenue
Status | Active |
---|---|
MLS # | 23-314985 |
Days on Market | 192 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.15 AC / 6,744 SF |
County | Los Angeles County |
Location
Building Information for 1445 Calumet Avenue
Stories1Residences-Year Built1922Building Size-Lot Size0.15 AC / 6,744 SF
Payment Calculator
$14,672 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1445 Calumet Avenue
Property History for 1445 Calumet Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1445 Calumet Avenue
Taxable ValueLand$1,415,093Additions$635,345Total$2,050,438
Tax Record2023$25,438 ($2,120 / month)
Home Facts
Total Finished SqFt3,144 SqFtAbove Grade Finished SqFt3,144 SqFtLot Size6,744 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLAR2CountyLOS ANGELESAPN5405-013-019
Schools near 1445 Calumet Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Betty Plasencia Elementary School PublicK to 5 | ||
Sal Castro Middle School Public6 to 8 | ||
Academic Leadership Community School Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.