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1517 Baxter Street

Los Angeles (City), CA 90026
  • $1,150,000
  • STATUS: Active Under Contract
  • ON SITE: 64 Days
  • MLS #: 24462269
Under Contract
UPDATED: 41 min ago
$1,150,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,648
    SQFT
  • $698
    $/SQFT
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Will Tiao of The Collective Realty (310-569-1335) and Ken Dennis of The Collective Realty(310-569-1335)


Description

Nestled in one of the most desirable neighborhoods of Echo Park, this duplex offers a fantastic investment opportunity or owner-user with incredible potential. A stone's throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium as well as top-rated schools, trendy shops, popular restaurants, coffee houses, and vibrant nightlife. This property is perfectly situated to attract tenants who value convenience and community. The building consists of two spacious 2-bedroom units. One unit will be delivered vacant, allowing for immediate updates and the flexibility to set your ideal rents, or perfect for an owner-user. While the property would benefit from some updating, it boasts solid bones and a location that can't be beat. With its prime location and a little vision, this property is ready to be transformed into a high-demand rental or long-term hold. This prime location offers easy access to vibrant local amenities and transportation options including the 2, 101, 5, 110 freeways. *Adjacent four-plex, 2106 Valentine St., can be purchased with this property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T10:32:35.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158068602
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1517 Baxter Street Los Angeles (City), CA 90026

  • Price: $1,150,000
  • Status: Active Under Contract
  • On Site: 64 Days
  • Updated: 41 min ago
  • MLS #: 24462269
4
Beds
0
Baths
0
½ Baths
0.16
Acres
1,648
SQFT
$698
$/SQFT
1923
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Nestled in one of the most desirable neighborhoods of Echo Park, this duplex offers a fantastic investment opportunity or owner-user with incredible potential. A stone's throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium as well as top-rated schools, trendy shops, popular restaurants, coffee houses, and vibrant nightlife. This property is perfectly situated to attract tenants who value convenience and community. The building consists of two spacious 2-bedroom units. One unit will be delivered vacant, allowing for immediate updates and the flexibility to set your ideal rents, or perfect for an owner-user. While the property would benefit from some updating, it boasts solid bones and a location that can't be beat. With its prime location and a little vision, this property is ready to be transformed into a high-demand rental or long-term hold. This prime location offers easy access to vibrant local amenities and transportation options including the 2, 101, 5, 110 freeways. *Adjacent four-plex, 2106 Valentine St., can be purchased with this property.
Exterior Features

Parking Features None Parking Total 0

Interior Features

Cooling None Cooling YN No Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association YN No Cap Rate 3.5 Gross Income 55200 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 39625 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T10:32:35.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Will Tiao of The Collective Realty (310-569-1335) and Ken Dennis of The Collective Realty(310-569-1335)