Get the App

597 Cypress Avenue, Los Angeles, CA 90065

Property · 2 recorded sales since 2022

597 Cypress Avenue, Los Angeles, CA 90065 Sold January 2024 CRMLS
$1,455,000Sold January 2024

Listing Agent: Rosa A. Garcia (DRE #01373253) · Listing Office: Division One Investment & Loan Inc · Contact: 424-299-4899 · Bought with: Rosa Garcia · Division One Investment & Loan · MLS #23329673 · Source: CRMLS

6
Bedrooms
4
Bathrooms
2,224
Sq Ft
10,009 sqft
Lot Size
1922
Year Built
Property
Type
1
Stories
2
Garage

About this property

Welcome to a rare completely updated VACANT fully permitted 3 bed 2 bath (each) duplex opportunity poised at the scenic base of Mt Washington in the highly sought-after, trending Cypress Park neighborhood. This invitation extends to investors and eager owner-users ready to embrace a lifestyle where luxury meets income potential. Enveloped within a generous 10,000+ sq foot corner lot, the property showcases two nearly identical, side-by-side units, each a spacious 3 bedroom, 2 bathroom home, meticulously renovated with an eye for style and modern convenience. The front yard, mature and inviting, sets the stage for the elegance within. The open floor plan, flooded with natural light, romantic fireplace, facilitates a graceful flow from the expansive living area to the dining space, ready to accommodate gatherings large and small. The kitchens stand as a testament to thoughtful design, featuring quartz countertops, custom backsplashes, and center islands that provide not just ample space for culinary pursuits but also house a built-in wine fridge along w/ new stainless steel appliances. A nod to the connoisseur's taste. Gold fixtures gleam against the shaker cabinets, resonating with the sophistication of the door handles and kitchen hardware, creating a cohesive and luxurious aesthetic. The bathrooms boast custom designer tiles, new vanities, and modern fixtures with gold accents that complement the kitchens' upscale ambiance. Bedrooms offer a sanctuary of calm, with generous proportions and abundant closet space. Both units boast impressive primary suites w/ access via sliding door to the outdoor space. Attention to detail is evident throughout, with new flooring, windows, recessed lighting, and a fresh coat of paint both inside and out. The practical updates are comprehensive, including modern electrical/plumbing systems, a newer sewer line, air conditioning units, and a well-maintained roof. The corner lot's potential is as expansive as its grounds, with plenty of parking and space to introduce an Accessory Dwelling Unit (ADU) for added income. The sizable outdoor areas invite the possibility of terraced gardens and private entertainment spaces, complemented by the mature landscaping. Located in the vibrant heart of northeast LA, the duplex promises a lifestyle of convenience and elegance. With the latest updates, including the coveted kitchen islands and the luxurious touch of gold fixtures, this property is poised to command a high rental yield. This investment is not just a property; it's a lifestyle choice, a chance to establish a sophisticated home in one of LA's most dynamic communities. Perfect for both first-time buyers and seasoned investors, this duplex represents a significant value-add and equity opportunity. Act now, as this exquisitely re-imagined property is set to be a sought-after jewel in Cypress Park. Walk-able to restaurants, bars, & a stones throw to Highland Park & DTLA. Quintessential NELA living at its finest.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$1,455,000
Sold January 2024 · listed $1,474,900, on market November 2023 · MLS #23329673 · Source: CRMLS
Listing Agent: Rosa A. Garcia · Listing Office: Division One Investment & Loan Inc · Contact: 424-299-4899 · Bought with: Rosa Garcia · Division One Investment & Loan
$944,250
Sold June 2022 · listed $989,900, on market May 2022 · MLS #22157703 · Source: CRMLS
Listing Agent: Rosa A. Garcia · Listing Office: Division One Invst. & Loan · Contact: 424-299-4899 · Bought with: Rosa A. Garcia · Division One Invst. & Loan
See homes for sale in Los Angeles Open the Nalren App

Explore Los Angeles