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Image 1 - 2849 Council St, Los Angeles, California, 90026 - House for sale
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Council St, Los Angeles, Home For Sale
2849 Council St, Los Angeles, California, 90026

Council St, Los Angeles, Home For Sale

house for sale
Listed: 08/17/24

2849 Council St, Los Angeles, California, 90026

6 Bed:
4 Bath:
2,536 Sq Ft Living Area:
Save
Price
$ 1,2M

About This House

This is a great income property and very convenient to the highly sought after area of Silver Lake/Echo Park. This 2-story duplex was built in the mid 90's and offers a great owner/user opportunity and is within close proximity to the 101. Whether you are in the middle of an exchange, looking for a potential value add or would like to live in one unit and rent the other out, this property has great potential. Please keep in mind that both units are being delivered tenant occupied and the buyer will need to negotiate with the tenants after COE if there is a desire from the buyer to occupy one of the units. The seller is motivated.

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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.