1724 Clinton Street

Los Angeles, CA 90026

PRICE REDUCED

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-$100,000 (-7.70%)

$1,199,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1906

calendar_month Built

Property Description

A Rare Gem in Echo Park - Exceptional Investment Opportunity!Discover the hidden potential of this residential income opportunity, nestled in the heart of Echo Park. This property offers an extraordinary opportunity for astute investors or those seeking to transform a classic structure into something truly remarkable. With ample space, it presents the perfect canvas for modern updates and creative enhancements.Each one of the income properties boasts generous interiors with flexible layouts, inviting the possibility of contemporary redesigns tailored to meet today's living standards. From original finishes, this building is primed for those with a vision to bring it to its fullest potential.The property features a quaint outdoor space, ideal for creating a charming garden oasis or a welcoming communal area for future residents to enjoy. With strategic improvements, there is immense potential to increase rental income and significantly boost property value.Located in one of Echo Park's most dynamic and evolving neighborhoods, this investment opportunity is as much about lifestyle as it is about financial growth. The area's eclectic culture, burgeoning dining scene, and proximity to downtown LA make this building a standout choice for those looking to capitalize on its superb location.Seize the chance to turn this diamond in the rough into a polished gem - the possibilities are endless.

Listing Information

List Price $1,199,000
Status Active
MLS V125982
HOA $0
Type Residential Income
Subtype Single Family Residence
Year Built 1906
Lot Size 5,606
Structure Size N/A
DOM 66
Courtesy Of Sotheby's International Realty
Listing Agent Grace Lindgren DRE#01379316

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Bedroom Information
Features All Bedrooms Down, All Bedrooms Up
Total Bedroom
Bedrooms N/A
Flooring Information
Material Carpet, Vinyl, Wood
Fireplace Information
Features Gas
Additional Information
Additional Features Beamed Ceilings, Balcony, Coffered Ceiling(s), High Ceilings, All Bedrooms Up, All Bedrooms Down
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Balcony
View Yes

Maps

Listing information courtesy of: Grace Lindgren, Sotheby's International Realty (805) 794-3243. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:25 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.