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Los Angeles, CA 90026 1525 Cortez Street

$960,000

1525 Cortez Street Los Angeles, Ca - Image 11525 Cortez Street Los Angeles, Ca - Image 21525 Cortez Street Los Angeles, Ca - Image 3
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1525 Cortez Street Los Angeles, Ca - Image 41525 Cortez Street Los Angeles, Ca - Image 5
Presented By: Melanie Guillen with Lee & Associates Los Angeles; 323-702-3850
  • MLS# DW23222078
  • 01/16/2024
  • Request Tour
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  • BedBeds • 5
  • BathFull/Half Baths • 3 / 1
  • FootageSQFT • 2,747

Home Details

Detached Duplex, and investment opportunity with lots of potential in prime location near Echo Park/Silverlake , minutes to historic Echo Park Lake, and adjacent to DTLA. Front Home is perched up stairs with city lights view and it is a craftsman, 2 bedroom 1 and 1/2 baths approximately 1,150sqft and, rear detached unit is 3 bedrooms, 2 baths, approximately 1,597 sqft. Both units are fixers and as such priced to sell. Fully leased with room for upside, with great paying tenants. Street parking only.
Presented By: Melanie Guillen with Lee & Associates Los Angeles; 323-702-3850

Interior Features for 1525 Cortez Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NNo
Laundry FeaturesInKitchen
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 1525 Cortez Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
Days on Market96
DirectionsCross Streets Temple and Cortez
Entry LocationStairs
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense875.38
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan
Lot Size Square Feet4767.0
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
Net Operating Income35539.24
New ConstructionNo
Operating Expense1088.76
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameCortez
Tax Lot15
Total Units2
Trash Expense0.0
View Y/NNo
Waterfront Y/NNo
Year Built1914
Year Built SourceAssessor
ZoningLACW

Exterior for 1525 Cortez Street

Building Area Total2747.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1094
Lot Size Area4767.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $960,000
MLS#DW23222078
List Date 01/16/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors