For Sale Multi-Family MLS# 26998783

2206 Avon Street

Los Angeles, CA 90026

$1,225,000

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About 2206 Avon Street

Three charming Craftsman bungalows in prime Echo Park including a lovely 2 bedroom, 1 bathroom bungalow with private wraparound yard delivered vacant! With projected gross rents totaling nearly $100,000 per year, this income generating property offers exceptional opportunity for investors looking for stable cash flow in a favorable neighborhood with strong rental appreciation. For a savvy buyer looking for a charming vintage home to call their own - enjoy substantial rental income of $4,304 per month to offset mortgage payments! Two 2 bedroom, 1 bathroom bungalows and a 1 bed, 1 bath cottage are situated privately within the 7,200+ sf lot, with their own dedicated yard spaces. The vacant 676sf bungalow has been updated with new split system, new flooring, and recently upgraded kitchen and bathroom. Through a hedged and gated entrance from the street, enter into the fenced yard spaces with mature trees and planter beds, making this feel like a true private residence. The setting on Avon St is prime Echo Park, a friendly neighborhood replete with lots of greenery and well-kept vintage architecture, walking distance to Valerie, Canyon Coffee, Cookbook Market, coveted Elysian Heights Elementary and the nearby trails of Elysian Park.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1926
Stories
1
Living area
1,892 sqft
Price / sqft
$647
Lot
0.1665
Original price
$1,225,000
MLS #
26998783

Interior

Features
Ceiling Fan(s)
Appliances
Refrigerator, Dryer, Washer
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)

Exterior & lot

Features
Parking spaces: 3
Construction
1
Lot
LAR1

Schools

District
Los Angeles Unified School District

Financial

Parcel
5415007026
Special conditions
Standard

Location

Area
C21 - Silver Lake - Echo Park
County
Los Angeles
Neighborhood
Echo Park
Directions
Echo Park Ave., to Baxter St. to Avon St.

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Listed by Courtney Pickard, Compass

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.