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2738 Council Street, Los Angeles, CA 90026

Property · 2 recorded sales since 2020

2738 Council Street, Los Angeles, CA 90026 Sold June 2021 CRMLS
$1,695,000Sold June 2021

Listing Agent: Ashrif Hammad (DRE #01700230) · Listing Office: COMPASS · Contact: (626) 205-4040 · Bought with: Brian Treitler · Nourmand & Associates-HW · MLS #P1-3563 · Source: CRMLS

4,807 sqft
Lot Size
1963
Year Built
Property
Type
2
Stories
0
Garage
Zoned
Cooling
Zoned
Heating

About this property

Stabilized Fourplex at market rents conveniently located in the Filipinotown area of Echo Park, a neighborhood currently undergoing rapid gentrification. Built in 1963 and completed renovated in 2020, the complex offers a great mix with (one) 2 bedroom/2 bathroom unit, (one) 2 bedroom/1 bathroom unit and (two) 1 bedroom/1 bathroom units. Every unit has benefitted from a host of recent upgrades such as remodeled kitchens with new modern cabinetry, quartz counters, and new appliances, remodeled bathrooms with new vanities, tubs, and toilets, in-unit laundry, new HVAC and electrical wiring, and more. Covered parking and an electronic gated entry add to tenant convenience and safety. Investors stand to benefit from the security of a rent roll with a fully leased building at market rents

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$1,695,000
Sold June 2021 · on market December 2020 · MLS #P1-3563 · Source: CRMLS
Listing Agent: Ashrif Hammad · Listing Office: COMPASS · Contact: (626) 205-4040 · Bought with: Brian Treitler · Nourmand & Associates-HW
$1,150,000
Sold March 2020 · listed $1,299,000, orig. $1,350,000, on market March 2019 · MLS #SR19178246 · Source: CRMLS
Listing Agent: Gorgonia Francisco · Listing Office: Coldwell Banker Greater Valleys · Contact: 818-360-3430 · Bought with: Yocelin Legaspi · Berkshire Hathaway Home Services Golden Properties
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