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Image 1 - 1554 Park Avenue, Los Angeles, CA 90026, USA - House for sale
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Image 4 - 1554 Park Avenue, Los Angeles, CA 90026, USA - House for sale
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Home For Sale In Los Angeles, California
1554 Park Avenue, Los Angeles, CA 90026, USA

Home For Sale In Los Angeles, California

house for sale
views
Listed: 03/07/24

1554 Park Avenue, Los Angeles, CA 90026, USA

4 Bed:
4 Bath:
2,660 Sq Ft Living Area:
Save
Price
$ 1,3M

About This House

Location! Location! Location! Charing 4 unit apartment building steps from Echo Park lake and Sunset Blvd dining and nightlife. Each unit is One Bed/Bath. One unit is vacant. Property has all copper plumbing, noHVAC, 200amp electrical, and foundation is bolted. All work has been done with permit. Individual gas and power and each unit has it's own water heater. Sited on6, 232 SFlot that fronts Park and Bonnie Brae. Current monthly income $6, 794. developer alert ! Seller has TOC and CDO approved plans for 14-Unit apartment building and 3 ADU's can be added! Inclusive of the 14 units, (3) units will be affordable [ (2) ELI and (1) VLI ]. Construction documents available, but have not been submitted to plan check. Seller will not deliver RTI. Seller will not relocate existing tenants. Laundry is on site (coin op) and each unit has it's own water heater.

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Echo Park Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.