1933 Lemoyne St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $1,055
MLS Listing ID 25498583
Style Modern
Bedrooms 8
Construction Status Updated/Remodeled
Year Built 1925
Lot Size 8,968 Sqft
Acres 0.2059
Property Sub-Type Multi-Family
Property Description
Calling all investors or someone that wants a beautiful hillside home that has amazing income generating units to offset mortgage. Nestled in the heart of Echo Park, 1933 Lemoyne St offers a unique investment opportunity. This multi-family property comprises a triplex and two additional unpermitted Accessory Dwelling Units (ADUs), totaling eight bedrooms and eight bathrooms across approximately 4,500 square feet of living space. Each unit has been thoughtfully updated to blend modern amenities with classic charm. Currently generating a monthly rental income of $25,200, this property promises immediate cash flow. Development Opportunity: The property includes an additional lot measuring 2,812.5 sq ft, expanding the total lot size to approximately 11,777.5 sq ft. With the enactment of California's Senate Bill 9 (SB 9), there's potential to split the lot and develop additional units, subject to local zoning regulations. The property offers four dedicated parking spots, a valuable amenity in this bustling neighborhood. Prime Location located in the vibrant Echo Park hills neighborhood, residents enjoy proximity to trendy cafes, boutique shops, scenic parks, and a thriving arts scene. The property's central location provides easy access to Downtown Los Angeles and major freeways.
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LAR1
Rooms
Other Rooms None
Dining Room 0
Kitchen Quartz Counters, Island
Interior
Interior Features Brick Walls
Heating Central
Cooling Air Conditioning
Flooring Laminate
Fireplaces Type Electric
Equipment Dishwasher, Dryer, Garbage Disposal, Washer, Microwave, Refrigerator, Range/Oven, Barbeque
Laundry In Unit, Outside
Exterior
Parking Features Driveway - Concrete
Garage Spaces 4.0
Pool Fenced
Waterfront Description None
View Y/N Yes
View City Lights, Hills
Roof Type Asphalt
Building
Lot Description Back Yard, Front Yard, Fenced Yard, Fenced, Landscaped
Story 4
Foundation Slab
Sewer In Street
Water Public
Architectural Style Modern
Level or Stories Multi/Split
Structure Type Stucco
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard