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Los Angeles, CA 90026 1325 Douglas Street

$2,700,000

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Presented By: Matias Stofenmacher with Edgestone Real Estate, Inc.; 818-464-5707
  • MLS# PW24079912
  • 04/23/2024
  • Request Tour
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  • BedBeds • 8
  • BathBaths • 1
  • FootageSQFT • 3,456

Home Details

Discover this prime investment opportunity in Echo Park with this historic 8-unit apartment building. Built in 1923, each charming 1-bed, 1-bath unit offers cozy living spaces. Totaling 3,456 sq ft on a 7,315 sq ft lot, this property is ideal for those seeking urban convenience. Zoned LARD1.5, it's located near Dodger's Stadium, Tsubaki, The Douglas, El Compadre, Stereoscope Coffee, Lowboy, Monty's Good Burger, and more.
Presented By: Matias Stofenmacher with Edgestone Real Estate, Inc.; 818-464-5707

Interior Features for 1325 Douglas Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 1325 Douglas Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.93
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CountyLos Angeles
Days on Market1
DirectionsSunset Blvd & Douglas St
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income182998.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3186.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan
Lot Size Square Feet7315.0
MLS AreaC21 - Silver Lake - Echo Park
MaintenanceExpense4000.0
MobileHomeRemainsYNNo
Net Operating Income131923.0
New ConstructionNo
Operating Expense45585.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameDouglas
Tax Lot6
Taxes$31,320
Tenant PaysElectricity, Gas, TrashCollection
Total Units8
Trash Expense0.0
View Y/NNo
Water Sewer Expense3885.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 1325 Douglas Street

Building Area Total3456.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.1679
Lot Size Area7315.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings5
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,700,000
MLS#PW24079912
List Date 04/23/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors