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1933 Lemoyne ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $1,055
MLS Listing ID 25498583
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1925
Lot Size 8,969 Sqft
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 C21 - Silver Lake - Echo Park
Zoning LAR1
Interior
Interior Features Brick Walls,Walk-In Pantry
Heating Central
Flooring Laminate
Fireplaces Type Electric
Fireplace Yes
Appliance Barbecue,Dishwasher,Disposal,Gas Range,Microwave,Oven,Refrigerator,Dryer,Washer
Laundry Outside
Exterior
Exterior Feature Koi Pond
Parking Features Concrete
Pool Fenced
Community Features Gated
View Y/N Yes
View City Lights,Hills
Porch Deck
Total Parking Spaces 4
Building
Lot Description Back Yard,Front Yard,Landscaped
Story 4
Entry Level Multi/Split
Foundation Slab
Sewer Other
Architectural Style Modern
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5420010004
Security Features Carbon Monoxide Detector(s),Gated Community
Special Listing Condition Standard