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$ 1,149,000
Est. payment /mo
New
1525 Cortez Los Angeles, CA 90026
9,530 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26235685
HOA Y/N No
Year Built 1914
Lot Size 9,530 Sqft
Property Sub-Type Multi Family
Property Description
INVESTOR OPPORTUNITY – DETACHED DUPLEX WITH ADJACENT COMMERCIAL LOT IN PRIME ECHO PARK LOCATION!
Priced to sell! This detached duplex offers excellent value-add potential in a prime location just minutes from historic Echo Park Lake and Downtown LA.
The front residence is a charming Craftsman perched above the street with city lights views, featuring 2 bedrooms, 1.5 baths, and approximately 1,150 SF. The rear detached residence offers 3 bedrooms, 2 baths, and approximately 1,597 SF.
Both units are fixers, fully leased with reliable, paying tenants, and offer significant upside potential.
Must be sold together with the adjacent vacant commercial lot at 1529 Cortez Street, zoned CW, offering additional possibilities for future use or development, subject to City approval.
Street parking only. Buyer to verify square footage, permits, zoning, allowable uses, and property condition.
Priced to sell! This detached duplex offers excellent value-add potential in a prime location just minutes from historic Echo Park Lake and Downtown LA.
The front residence is a charming Craftsman perched above the street with city lights views, featuring 2 bedrooms, 1.5 baths, and approximately 1,150 SF. The rear detached residence offers 3 bedrooms, 2 baths, and approximately 1,597 SF.
Both units are fixers, fully leased with reliable, paying tenants, and offer significant upside potential.
Must be sold together with the adjacent vacant commercial lot at 1529 Cortez Street, zoned CW, offering additional possibilities for future use or development, subject to City approval.
Street parking only. Buyer to verify square footage, permits, zoning, allowable uses, and property condition.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning CW
Rooms
Other Rooms Living Quarters
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Fence Chain Link
Utilities Available Electricity Available, Natural Gas Connected
Roof Type Shingle
Present Use Multi-Family
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Additional Building Living Quarters
Others
Tax ID 5160002012
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Melanie Guillen Keller Williams Realty 323-702-3850, DRE #01322895
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