2138 Santa Ynez Street
Los Angeles, CA, 90026 $ 1,265,000
Baths0.0 Sq 1,737 Monthly Estimate*
$ 8,836
Studio
for $1,265,000. This 1,737 square foot home was built in 1921 on a lot size of 0.11.
Nestled between the vibrant Echo Park and Silver Lake neighborhoods with views of the scenic Los Angeles topography, this rare VACANT duplex stands as a beacon of opportunity for investors and owner-users. The front unit offers two bedrooms, one bath, and an additional versatile room (perfect for an office, art room, or study), electric fire place for those wine nights, central heat/air complemented by a spacious eat-in kitchen, and inviting outdoor patios. The rear unit features a two-bedroom, one-bath arrangement with an ample bonus loft space (256 sq feet), perfect for customization into an additional bedroom, office, art room or playroom. Both units are poised for modernization, with the promise of high rental yields. Reflecting the superior upgrades, this property incorporates high-end materials and modern attributes. The intuitive open floor plan effortlessly connects living, dining, and kitchen spaces, a sumptuous European-styled kitchen. This culinary haven is outfitted with quartz countertops, custom backsplash, new cabinets with designer fixtures, and stainless steel appliances.The bathrooms are transformed into chic retreats, featuring custom "wood" tile surrounds, LED lighting, and modern fixtures, with the a luxurious shower/bath. Natural light floods the primary bedroom and the guest rooms both boast generous closet space. The property has been upgraded meticulously, including new luxury vinyl plank floors, new 200 AMP electrical panel (split meters), double pane windows, and a host of new installations, ensuring comfort and style. The outdoor space offers a low-maintenance yard that includes orange, avocado, pomegranate, & guava trees. Perfect for entertaining and relaxation, and the lot itself holds immense potential for adding an ADU or further development, leveraging the build-able lot to its full earning potential. This investment property, delivered fully VACANT, invites you to seize a unique Los Angeles real estate opportunity. With its prime location and inherent charm, it is perfectly suited for those ready to craft a dream home while enjoying the benefits of supplemental income. Perfect to owner occupy and earn or for the savvy investors portfolio. Close to all of the restaurants, around the corner from Mohawk Bend, The Echoplex, Sunset Junction all of the coolest shops on Sunset Blvd., Echo Park & Silver Lake.
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FeaturesGeneralInterior Features Open Floorplan
Heating Central
Cooling Central Air
Possession Close of Escrow
Zoning LARD3
Security Features Gated Community
Exclusions Staging furniture and alarm
Year Built 1921
View City Lights
Levels One
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area C21 - Silver Lake - Echo Park
Lot Size Square Feet 4991.0
Street Name Santa Ynez
Land Lease Y/N No
Virtual Tour https://youtu.be/_KMrqy4cJdk
Structure Type None
Standard Status Active
Buyer Agent Compensation Type %
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InteriorKitchen Appliances Disposal Range Dishwasher
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Laundry Features Inside
Total Baths 0
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ExteriorParking Features Driveway
Inclusions Existing appliances
Lot Size Area 4991.0
Spa No
Pool Y/N? No
Building Area Total 1737.0
Lot Size Acres 0.11
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded FeaturesList ByRosa A. GarciaListing Agent
Division One Investment & Loan IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,836
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,986,097
Percent of Sale Price 57%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/30/2024 | $1,265,000 | | Listed Price |