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$ 1,250,000
Est. payment /mo
Active
2849 Council ST Los Angeles, CA 90026
6 Beds
4 Baths
2,536 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,536 sqft
Price per Sqft $492
MLS Listing ID 26686469
Bedrooms 6
Construction Status Fixer
HOA Y/N No
Year Built 1996
Lot Size 4,804 Sqft
Property Description
We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849-2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot long driveway to the rear of the property where they have access to 4 carport spaces. The structure was built in 1996, possibly making it exempt from the Los Angeles Rent Stabilization Ordinance (RSO/ "Rent Control"), buyer to verify. [Both units are 100% occupied and to be sold with residents - total yearly gross on current $41,064. Over 70% upside left.] The duplex could be purchased as a portfolio with 200-208 N Reno St. or offered individually at $650,000.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR3
Interior
Heating Natural Gas
Fireplace No
Exterior
Parking Features Detached Carport
Carport Spaces 4
Community Features Gated
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Fixer
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5156017015
Security Features Gated Community
Special Listing Condition Standard
Listed by Matthew Maun Sotheby's International Realty #02156377