Explore the unique investment and living opportunities at 1554 and 1556 W Court Street, located in the vibrant Echo Park neighborhood. This dual-address property, zoned RD2-1, is ideal for both investors seeking a versatile project and families ready for a creative home renovation. Each address has its own utility meter, providing flexibility for multi-family living or potential rental income. The existing structure presents a golden opportunity for transformative renovation. Customize this space to match modern preferences or unique styles, creating a tailored home or investment property. The lot size allows for possible expansions or the addition of outdoor living spaces.Positioned just a stone?s throw from Echo Park Lake, the property encourages leisurely strolls and participation in vibrant community events. Dive into the lively urban lifestyle of Echo Park, renowned for its trendy eateries, boutique shops, and eclectic arts scene. With excellent access to major highways and public transportation, commuting and connectivity across Los Angeles are a breeze.The RD2-1 zoning supports a variety of developmental possibilities, including multi-unit dwellings, subject to city approvals. As Echo Park continues to evolve, the area's properties are poised for significant appreciation, making this an attractive prospect for long-term investment. This property offers a rare chance to capitalize on the potential and prime location, whether you aim to develop a lucrative investment property or craft a bespoke family home.Strictly by appointment only. Drive-by are welcome, but please do not disturb the premises without prior arrangement.
DAYS ON MARKET
|
77
|
LAST UPDATED
|
11/2/2024
|
YEAR BUILT
|
1903
|
COMMUNITY
|
Silver Lake - Echo Park
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
School District |
Los Angeles Unified |
Prior to Nov 2, '24
|
$795,000
|
Nov 2, '24 - Today |
$750,000 |
AIR |
Central Air, Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Silver Lake - Echo Park |
BASEMENT |
Yes |
GARAGE |
Yes |
HOA DUES |
0 |
LOT |
3767 sq ft |
LOT DESCRIPTION |
0-1 Unit/Acre |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
LARD2 |
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Listed with Beverly and Company
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 4:49 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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