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Image 1 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 2 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 3 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 4 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 5 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 6 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 7 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 8 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Image 9 - 2759 Council Street, Los Angeles, CA 90026, USA - House for sale
Home For Sale In Los Angeles, California
2759 Council Street, Los Angeles, CA 90026, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 05/07/24

2759 Council Street, Los Angeles, CA 90026, USA

5 Bed:
4 Bath:
2,486 Sq Ft Living Area:
Save
Price
$ 918,900

About This House

Discover the investment potential of 2733 Council Street, a fully occupied 4-plex nestled in the heart of vibrant Historic Filipino Town, adjacent to Silver Lake, Echo Park, Koreatown, East Hollywood, and Westlake. This property offers a compelling blend of stable income and significant growth potential. Ideal for savvy investors and developers. The unit mix comprises one 2-bedroom and three 1-bedroom units, all occupied by longer-term tenants providing a reliable income flow. With current rents, there is substantial opportunity to increase revenue upon unit turnover, relocation, or development, within the constraints of the LA City RSO. This property is perfect for portfolio diversification or as a strategic 1031 exchange. The ease of managing this property, with no immediate need for significant …  Full description

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Westlake 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.