597 Cypress Avenue
597 Cypress Avenue
$944,250
2
2
2,008
2,008
$470
Sold 6/22/22
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Description
Calling all investors/developers looking for income potential and eager owner-users who are ready to create a dream home with the benefit of supplementing your income. Here's an opportunity to own a rare vacant duplex on a huge 10,000+ sq foot lot located at the scenic base of Mt Washington in highly sought after trending Cypress Park neighborhood. The almost identical side by side homes are currently 1 bed & 1 bath w/ fireplace large enough (approximately 1,004 sq feet each unit) to convert into...Calling all investors/developers looking for income potential and eager owner-users who are ready to create a dream home with the benefit of supplementing your income. Here's an opportunity to own a rare vacant duplex on a huge 10,000+ sq foot lot located at the scenic base of Mt Washington in highly sought after trending Cypress Park neighborhood. The almost identical side by side homes are currently 1 bed & 1 bath w/ fireplace large enough (approximately 1,004 sq feet each unit) to convert into 3/2. These units beckon to be re-imagined and will surely command high rental income once restored. Newer roof and updated copper plumbing are featured , all you need is to update cosmetically and earn! The expansive corner lot has endless possibilities with tons of parking and plenty of room to add an ADU to maximize earning potential. Mature landscaping surrounds the property and there's no denying the huge potential this property has to offer. The location anchors itself to the bustling northeast LA living with its close proximity to the LA River, DTLA and some of the hottest retail and dining spots in the surrounding neighborhoods of Glassell Park, Eagle Rock, and Highland Park. Come with an open mind and excitement as you realize the opportunity to stake claim and make this Cypress Park opportunity all your own. Huge value add and sweat equity opportunity. Perfect for the novice to savvy investor. Call today for a showing as this one surely won't last!
- Listed by Rosa A. Garcia • DRE #01373253 • Brokerage DRE #01424679 • Division One Invst. & Loan
Property Details for 597 Cypress Avenue
Zoning
LAR1
StyleCraftsman
Parcel Number5446006001
Total Units2.0
Living Area2008
Source Living AreaVendor Enhanced
AreaCypress Park (CYPK)
Vacancy Rate0
Location
LISTING UPDATED: 06/22/2022 10:39 PM
Property Details for 597 Cypress Avenue
Status | Sold |
---|---|
MLS # | 22-157703 |
Days on Market | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.23 AC / 10,006 SF |
County | Los Angeles County |
Location
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Building Information for 597 Cypress Avenue
Stories1Residences-Year Built1922Building Size-Lot Size0.23 AC / 10,006 SF
Payment Calculator
$6,158 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 597 Cypress Avenue
Property History for 597 Cypress Avenue
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 597 Cypress Avenue
Taxable ValueLand$708,135Additions$255,000Total$963,135
Tax Record2023$12,057 ($1,005 / month)
Home Facts
Total Finished SqFt2,008 SqFtAbove Grade Finished SqFt2,008 SqFtLot Size10,006 SqFtStyleDuplexYear Built1922ZoningLAR1CountyLOS ANGELESAPN5446-006-001
Schools near 597 Cypress Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Loreto Street Elementary School PublicK to 5 | ||
Benjamin Franklin Senior High School Public6 to 12 | ||
Woodrow Wilson Senior High School Public9 to 12 | ||
Abraham Lincoln Senior High 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.
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