2733 Council Street
2733 Council Street
$918,900
5
4
2,486
2,486
$370
Description
Discover the investment potential of 2733 Council Street, a fully occupied 4-plex nestled in the heart of vibrant Historic Filipino Town, adjacent to Silver Lake, Echo Park, Koreatown, East Hollywood, and Westlake. This property offers a compelling blend of stable income and significant growth potential. Ideal for savvy investors and developers. The unit mix comprises one 2-bedroom and three 1-bedroom units, all occupied by longer-term tenants providing a reliable income flow. With current rents,...Discover the investment potential of 2733 Council Street, a fully occupied 4-plex nestled in the heart of vibrant Historic Filipino Town, adjacent to Silver Lake, Echo Park, Koreatown, East Hollywood, and Westlake. This property offers a compelling blend of stable income and significant growth potential. Ideal for savvy investors and developers. The unit mix comprises one 2-bedroom and three 1-bedroom units, all occupied by longer-term tenants providing a reliable income flow. With current rents, there is substantial opportunity to increase revenue upon unit turnover, relocation, or development, within the constraints of the LA City RSO. This property is perfect for portfolio diversification or as a strategic 1031 exchange. The ease of managing this property, with no immediate need for significant upgrades, makes it a low maintenance investment. Proximity to major attractions and thoroughfares enhances tenant appeal and supports sustained rental demand. Engage with this stable, income-producing property today and secure your foothold in one of LA's burgeoning neighborhoods.
Property Details for 2733 Council Street
Zoning
LARD1.5
Parcel Number5156022020
Total Units4.0
Living Area2486
Source Living AreaVendor Enhanced
AreaSilver Lake (671)
Vacancy Rate0
Lot Size Area4801
Location
LISTING UPDATED: 05/09/2024 12:01 AM
Property Details for 2733 Council Street
Status | Active |
---|---|
MLS # | 24-385691 |
Days on Market | 19 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
Lot Size | 0.11 AC / 4,801 SF |
County | Los Angeles County |
Location
Building Information for 2733 Council Street
Stories2Residences-Year Built1960Building Size-Lot Size0.11 AC / 4,801 SF
Payment Calculator
$5,286 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2733 Council Street
Property History for 2733 Council Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2733 Council Street
Taxable ValueLand$71,073Additions$162,477Total$233,550
Tax Record2023$3,248 ($271 / month)
Home Facts
Total Finished SqFt2,486 SqFtAbove Grade Finished SqFt2,486 SqFtLot Size4,801 SqFtStyleQuadraplexYear Built1960ZoningLARD1.5CountyLOS ANGELESAPN5156-022-020
Schools near 2733 Council Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 1 | |||
Public - | 2 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lake Street Primary School PublicK to 1 | ||
Rosemont Avenue Elementary School Public2 to 5 | ||
Virgil Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice 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.
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