1571 Council St
Los Angeles, CA 90026

Sold
Basic Information

Sold For:

$465,000

Type:

Multi-Family

Bedrooms:

Bathrooms:

Square Feet:

3834

Year Built:

1929

County:

Los Angeles

Sold Date:

6/6/2012(36 Days On Market)

MLS ID:

12-597631

Beautiful French Normandy 4 plex on a corner lot in prime Historical Philipinotown near Downtown LA, Silverlake, Mid Wilshire, and Echo Park. There are 2 buildings on the lot that have 2 units each. Front building has a nice yard. The units have front and rear entrances with laundry hookups Each unit has separate hot water heaters, upgraded electrical system, new steel staircase, hardwood floors, high ceilings. Very low paying tenants leaves a new owner huge upside potential while getting a great return. Very low expenses as there is not gas or electric for the owner to pay, only water. The area is incredible with beautiful historical properties and single family homes. Must drive by to see the area.

  • Worship
  • Shopping
  • Personal
  • Park
  • Health
  • Government
  • Airport
  • Restaurants
  • Schools
  • Financial

Interior

Interior Features:

Other

Location

County:

Los Angeles

Driving Directions:

South of the 101 between Temple and Beverly near Union

Heating & Cooling

Cooling Type:

Wall or Window Units

Heating Type:

Wall Heater

Structural Information

Square Feet:

3,834

Year Built:

1929

Unit Information

# Units:

4

Unit 1

Bedrooms:

2

Total Bathrooms :

1.0

Unit 2

Bedrooms:

2

Total Bathrooms :

1.0

Unit 3

Bedrooms:

2

Total Bathrooms :

1.0

Unit 4

Bedrooms:

2

Total Bathrooms :

1.0

Lot Features

Zoning:

LARD1.5

Financial Considerations

Price:

$475,000

Price History

Sold Price:

6/6/2012$465,000

Original List Price:

5/1/2012$475,000

Listed By: Crescent Realty Corp., Alex Galuz - CA DRE: 01291486

Recent Sales

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