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1077 Laguna Avenue, Los Angeles, CA 90026$2,400,000

10
beds
--
bath
3874
ft2
· 7519
ft2 lot
$620 / ft2

Listing provided courtesy of Charlene Hoang, Redfin Corporation
Source CRMLS;
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3 units on 1 Lot! This 3-Unit complex located in the heart of one of the city's most desirable locations, Echo Park. Additonal Address Address: 1140 Echo Park Avenue; 1077 and 1079 Laguna Avenue! This property has a building square footage of approximately 3,874 and sits on a lot of approximately 7,519 square feet of land. Remodeled in 2019 Turnkey property, perfect for owner/user, investor. Front building at 1140 Echo Park Avenue is an excellent owners unit that features a dynamic 2 Story four-bedroom/three-bath with den. Den can be used as a fifth bedroom on first floor. There is an attached 3 car garage. Front unit can park roughly 6 cars. Front unit is currently occupied and is generating $6000 monthly. The back building features a lovely duplex at 1077 and 1079 Laguna Avenue. Each unit is rented at $3200 monthly. Back unit has another additional roughly 6 spots for parking. Possibility of delivering vacant. Each unit in the duplex consists of three bedrooms and two bathrooms with an attached 3 car garage. All units are SEPARATELY metered. Amenities include central air, and heating, recessed lighting, hardwood floors, granite counter tops, dishwashers, individual hot water heaters, laundry facility, gated, secured with ample parking. Buyer Potential to increase owner’s revenue with placing a coin operated laundry at the rental units which currently has a complementary laundry room.

HOA

$0/month

On market

2 months

Year built

1988

Property type

Triplex

Parking

12

MLS

PF22248270

Price / Sq.Ft.

$620 / ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 1077 Laguna Avenue

Interior Features & Layout
Appliances
•   
Kitchen Appliances: Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Warming Drawer, Water Purifier
•   
Laundry Features: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Carport, Laundry Room, Stacked
Heating & Cooling
•   
Has Heating
•   
Has Cooling
•   
Heating Details: Central, Heat Pump
•   
Cooling Details: Central Air, Heat Pump, Whole House Fan, Attic Fan
Fireplace Info
•   
Has Fireplace
•   
Fireplace Details: Electric, Living Room
Interior Features
•   
Interior Features: BuiltinFeatures, Balcony, BlockWalls, CeilingFans, CeramicCounters, CrownMolding, GraniteCounters, MultipleStaircases, Pantry, RecessedLighting, Storage, SolidSurfaceCounters, Bar, MainLevelMaster, MultipleMasterSuites
Virtual Tour
Flooring
•   
Flooring: Laminate, Tile
Property, Lot, Community & Exterior Features
Multi-Unit Info
•   
Number Of Units Total: 3
Parking Info
•   
Parking Features: Attached Carport, Assigned, Carport, Detached Carport
•   
Garage Spaces: 12.0
•   
Garage: true
•   
Parking Spaces: 12.0
•   
Carport YN: true
Property Features
•   
View: City Lights, Park/Greenbelt, Hills, Lake, Landmark, Panoramic, Pond
•   
Fencing: Excellent Condition, Security, Wrought Iron
•   
View Yes/No: true
•   
Common Walls: No Common Walls
Building Info
•   
Building Area Units: SquareFeet
•   
Roof: Clay, Spanish Tile
•   
Total Sq. Ft.: 3874.0
•   
MLS Property Type: Residential Income
•   
Year Built Source: Public Records
•   
Construction Materials: Copper Plumbing
Lot Info
•   
Lot Size Source: Public Records
•   
Elevation Units: Feet
•   
Lot Details: 0-1 Unit/Acre
•   
Lot Size Area: 7519.0
•   
Acres: 0.1726
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Community Features: Biking, Curbs, Dog Park, Fishing, Lake, Park, Street Lights, Sidewalks
Utilities & Other Information
Utility Info
•   
Number Of Separate Electric Meters: 3
•   
Number Of Separate Gas Meters: 3
•   
Number Of Separate Water Meters: 3
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 50.0
•   
Gross Income: 168000.0
•   
Fuel Expense: 0.0
•   
Trash Expense: 0.0
•   
Insurance Expense: 0.0
•   
Gross Scheduled Income: 168000.0
•   
Operating Expense: 1300.0
Terms
•   
Terms: Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Lease Info
•   
Net Operating Income: 166700.0
Listing Details
•   
Status: Active
•   
Originating System Name: CRMLS
Other
•   
Electric Expense: 50.0
Tax/Assessment Info
•   
APN: 5404020011
School Neighborhood & Directions
Location
•   
Zip Code: 90026
•   
Area: C21 - Silver Lake - Echo Park
•   
Directions: off of 101 Hollywood Hwy and right onto Echo Park Avenue/ Laguna Avenue
•   
Country: US

Property History for 1077 Laguna Avenue

11/29/2022
11/29/2022
CRMLS #PF22248270
active
CRMLS #PF22248270
$2,400,000

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