2523 Lyric Avenue Los Angeles, CA ^$ 1,898,000

2523 Lyric Avenue

^$ 1,898,000

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2523 Lyric Avenue

Los Angeles, CA, 90027

^$ 1,898,000

Bedrooms6 Baths4.0 Sq 2,870

Monthly Estimate*

^$ 13,258

Listed by Sotheby's International Realty

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Multi-Family Home for sale in Los Angeles, CA

for $1,898,000 with 6 bedrooms and 4 full baths. This 2,870 square foot home was built in 1938 on a lot size of 0.1496.

Welcome to your new investment! The property features two units plus a large space in the back. Garages, street parking, each unit with their own laundry area + hookups, lush small garden in front, an upper unit 3 bedroom extra den, all with original charm, built-ins, large kitchen, dining room and tree top views. A three bedroom lower unit with open living room, dining room, garden views and gated outdoor garden space and outdoor patio/deck area. The lower unit third bedroom has separate outdoor access if needed. A sweet stand alone cottage style space with shared outdoor covered patio area, and lower yard space. This is a terrific opportunity to invest in a prime location income property. The opportunities won't wait long!

Multi-Family Active

Price

^$ 1,898,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Cottage

Lot Size

0.1496

Year Built

1938

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23317953

Days on Market

208

Features

General

Interior Features CeilingFans

Heating ForcedAir

Appliances Refrigerator Dryer Washer

Zoning LAR1

Garage Spaces 2.0

Architectural Style Cottage

Security Features CarbonMonoxideDetectors GatedCommunity SmokeDetectors

Year Built 1938

Stories 2

Levels Two MultiSplit

Gross Income 91800.0

Community Features Gated

County Los Angeles

Net Operating Income 35596.14

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions please use global positioning system

City Los Angeles

View Y/N N

Senior Community Y/N N

Open Parking Spaces 3.0

Total Units 2

MLS Area 637 - Los Feliz

Lot Size Square Feet 6516.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Lyric

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 184

Standard Status Active

Occupancy Description Tenant

Interior

Flooring Tile Wood

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 4

Exterior

Parking Features DoorMulti Driveway Garage Deck SharedDriveway OnStreet

Total Parking 2.0

Lot Size Area 6516.0

Number of Buildings 2

Spa N

Building Area Total 2870.0

Lot Size Acres 0.1496

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2523

* Excluded Features

List By

Sotheby's International Realty

Broker

(323) 671-2349

Phone

Affordability Calculator

$13,258

Per Month

Monthly Principal & Interest: $13,258
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 5%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2023	$1,898,000		Listed Price

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2523 Lyric Avenue, Los Angeles, CA, 90027 is a Multi-Family Home for sale at $1,898,000 with 2,870 sqft and a lot size of 0.1496. 2523 Lyric Avenue has 6 bedrooms, 4.0 baths, and was built in 1938. The property's zip code is 90027 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2523 Lyric Avenue

Multi-Family Home for sale in Los Angeles, CA

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