Bought with Jenna Han with Real Broker and Listed by Emily Johnson CA DRE# 01877330 with Sotheby's International Realty 323-314-8908

Sold

1445 Calumet Avenue

1445 Calumet Avenue, Los Angeles, CA 90026

$2,000,000

This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/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 patios 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 but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.

7
beds

7
baths

3,144 Sq.Ft. LIVING AREA

6,744 Sq.Ft. lot

Jenna Han

title REALTOR®
PHONE (213) 359-0077
EMAIL [email protected]
DRE # 02223757

Features & Amenities

Interior

total bedrooms7
Total bathrooms7
Flooring Wood
APPLIANCES Dishwasher, Refrigerator
other interior Features Ceiling Fan(s), Cathedral Ceiling(s)

Area & Lot

Status Sold
Date Sold April 24, 2025
Living Area3,144 Sq.Ft.
Total Area3,144 Sq.Ft.
Lot Area6,744 Sq.Ft.
MLS® ID24433023
TypeResidential
YEAR BUILT1922
NeighborhoodCentral Los Angeles
Architecture StylesBungalow

Exterior

STORIES1
PoolFenced
parkingNone
HEAT TYPEForced Air
AIR CONDITIONINGNone
security FeaturesGated Community

Financial

Sales Price$2,000,000
Zoning LAR2

Central Los Angeles

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