CA > Los Angeles
Los Angeles, CA 90026,1016 Laguna AVE
Los Angeles, CA 90026,1016 Laguna AVE
Los Angeles, CA 90026,1016 Laguna AVE
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Pamela Halle

Pamela Halle

+1(310) 614-7634
$1,595,000
Est. payment /mo
6 Beds
5 Baths
2,918 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,918 sqft

Price per Sqft $546

MLS Listing ID 25565157

Bedrooms 6

HOA Y/N No

Year Built 1923

Lot Size 5,501 Sqft

Property Description

MAJOR PRICE IMPROVEMENT! SELLER MOTIVATED! BRING ALL OFFERS! Rare Echo Park Lakefront 5-Unit Income Property with Stunning Views. An exceptional opportunity to own a trophy 5-unit income property in one of Echo Park's most coveted locations Echo Park Lake. Set on an elevated lot, this rare gem offers stunning views of the city skyline, combining timeless character with strong income potential. The well-maintained property features five unique units: two charming detached studio bungalows, a spacious 2-bedroom/1-bath unit, and two additional studio bungalow units in a separate building. Each residence has been thoughtfully updated to retain its original warmth and architectural integrity, offering inviting interiors and a peaceful atmosphere. Tenants enjoy the unbeatable experience ofliving above the lake, with Echo Park's walking paths, paddle boats, and gardens just steps from their front doors. The vibrant energy of local shops, cafes, and nightlife is mere minutes away, yet the property maintains a tranquil, park-side feel. Additional features include a detached garage offering off-street parking and storage potential. Whether you're an investor looking for stable income and long-term appreciation, or an owner-user seeking a legacy asset in anirreplaceable location, this is a truly rare offering in the heart of Echo Park.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Flooring Carpet, Wood

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Gated

Waterfront Description Lake,Lake Front

View Y/N Yes

View City Lights, Canyon, Lake

Accessibility None

Porch Front Porch, Open, Patio

Total Parking Spaces 5

Private Pool No

Building

Faces West

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5404021009

Security Features Gated Community

Special Listing Condition Standard

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CRMLS – RECore
Listed by Will Tiao The Collective Realty

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agent

Pamela Halle

+1(310) 614-7634

Agent | License ID: DRE# 02004546

Agent License ID: DRE# 02004546

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