2136 Lemoyne Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,209 sqft
Price per Sqft $950
MLS Listing ID CL25572545
Bedrooms 5
HOA Y/N No
Year Built 1924
Lot Size 7,507 Sqft
Acres 0.17
Property Sub-Type OTHER
Property Description
Echo Park Duplex Renovated, Tenant-Occupied, and Investor-Friendly with ADU Upside Potential. Strong investment opportunity in one of Los Angeles' most appealing rental markets. With pro forma cap rate of 5.54%, this renovated Echo Park duplex delivers income in place with month-to-month tenants, low-maintenance ownership from over $350,000 in improvements, and clear upside with a spacious two-car garage suitable for ADU conversion or additional living space. Set on a low-maintenance, natively landscaped hillside lot in Elysian Heights, the property includes two fully detached units, each on month-to-month leases, providing investors with both income and flexibility. Over $350,000 in capital improvements have been completed, including updated electrical, plumbing, and sewer line, renovated kitchens and baths, central HVAC, tankless water heaters, energy-efficient windows and insulation, a new driveway, exterior and interior paint, and full landscaping.The front unit is a classic 1920s Craftsman featuring two bedrooms, one and a half baths, a bonus office, a gas fireplace, an updated kitchen with adjoining laundry, and a private shaded patio. The rear unit is a detached two-story home with two bedrooms plus a large downstairs bonus room or guest suite with its own bath, ideal as a
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Heating Space Heater,Central
Flooring Tile,Wood
Fireplace No
Laundry Dryer,Laundry Room,Washer,In Kitchen,Inside
Exterior
Exterior Feature Back Yard,Front Yard
View Y/N true
View Canyon,City Lights,Hills,Trees/Woods
Total Parking Spaces 4
Building
Lot Description Other,Back Yard,Front Yard,Landscaped
New Construction No
Others
Tax ID 5420018025
Virtual Tour https://tours.previewfirst.com/ml/154124