No Photos
Image 1 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 2 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 3 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 4 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 5 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 6 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 7 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 8 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Image 9 - 1445 Calumet Ave, Los Angeles, California, 90026 - House for sale
Calumet Ave, Los Angeles, Home For Sale
1445 Calumet Ave, Los Angeles, California, 90026

Calumet Ave, Los Angeles, Home For Sale

house for sale
views
Listed: 07/29/24

1445 Calumet Ave, Los Angeles, California, 90026

7 Bed:
7 Bath:
3,144 Sq Ft Living Area:
Save
Price
$ 2,1M

About This House

This private, charming, turnkey investment, with current annual NOI over$115, 000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private deck and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained with newer roofs, sewer lines and decks. There is still quite a bit of upside if you add laundry to each unit. Total projected 2024 rent for all 7 units: $192, 649/yr . current cap rate: 5.5 %. Permit history, general and sewer inspections, and rent rolls available for viewing. Motivated seller.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$1,75M

7
4
2,852 Sq Ft

$1,75M

Available: Right Now

Listed: 29/08/2024

1432 Fairbanks Pl, Los Angeles, California, 90026

House
7
4
2,852 Sq Ft

Nestled in Echo Park, centrally located to the Glendale 2 Fwy, Golden State 5 Fwy, 110 Fwy, and the 101 Fwy. The property is just minutes away from Dodger Stadium, Chinatown, and Downtown Los Angeles. The property consists of three 2 bedrooms, 1 bath...

$1,85M

7
3
2,029 Sq Ft

$1,85M

Available: Right Now

Listed: 31/08/2024

2322 Berkeley Ave, Los Angeles, California, 90026

House
7
3
2,029 Sq Ft

Welcome to 2322 Berkeley Ave! This unmatched single-family craftsman and detached duplex is absolutely stunning, a sanctuary in the heart of Silver Lake. This is one of LAs hottest neighborhoods, renowned for its vibrant and diverse community, where ...

$1,95M

Available: Right Now

Listed: 27/08/2024

2106 Valentine St Unit 2110, Los Angeles, California, 90026

House
7
4
3,258 Sq Ft

Trust Sale. First time on market in 60 years. Enchanting cottage style mini compound that must be sold and/or close concurrently with 1517 Baxter St. / APN #/ MLS #24-410357.This 4 unit property consist of 2 individual cottages and a 2 story duplex. ...

$2,5M

7
4
3,678 Sq Ft

$2,5M

Available: Right Now

Listed: 27/08/2024

1137 N Madison Ave, Los Angeles, California, 90029

House
7
4
3,678 Sq Ft

Welcome to1137 NMadison Ave offering a wonderful investment opportunity. This quadruplex offers 7 bedrooms and 4 bathrooms. The first unit is a 2 story single resident home offering 3 bedrooms and 1 bath. The second unit is a single family, single st...

$2M

7
7
2,524 Sq Ft

$2M

Available: Right Now

Listed: 27/08/2024

143 N Hobart Blvd, Los Angeles, California, 90004

House
7
7
2,524 Sq Ft

We are proud to present remodeled 143 N Hobart Blvd adjacent to Hancock Park which boasts seven bedroom/seven bathroom in approximately 2600 square feet with a detached one bedroom, one bathroom ADU with 750 square feet of living space. This is idea ...

$2,1M

7
7
4,049 Sq Ft

$2,1M

Available: Right Now

Listed: 27/08/2024

1056 S Serrano Ave, Los Angeles, California, 90006

House
7
7
4,049 Sq Ft

1056 S Serrano Ave (4units) + 1057 S Hobart BL ( 3 units)Both parcels total 7unts are being sold together and cover one block. These parcels are located in prime location in a Tier 4 Transit Oriented Community which is excellent for Development Oppor...

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.