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1947 Clinton Street
Los Angeles, CA 90026


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Property Remarks

We are pleased to present this completely renovated building for Sale in the heart of Echo Park, L.A's Best sub-market for the apartments and a very short distance to this generation's answer to the legendary Sunset strip. See shows at The Echo and cool off on the paddle boats at the newly-opened Echo Park Lake. A lot of time and love are put into making this building a wonderful place for discerning people to live. This building was taken down to studs and remodeled in May of 2013 with "Additional Square footage, Cooper Plumbing, All electricity, Central AC/Heat, Washer & Dryer in all units, Tank- less Water Heaters, Beautiful Floors, Water conservation system throughout the building, private outside areas for all units, and more..." with permits. Buyer to check with LADBS to verify, we will also provide permits on file if requested. All Appliances included in sale. A True 5.4% cap rate.

Property Details

MLS#
17271680
Days on Market
64
Year Built
1923
Stories
2
Building/Living Area (sq ft)
5,138
Source of SqFt
Vendor Enhanced
Source of Lot Size
Public Records

Location

State
CA
County
Los Angeles
Area
Silver Lake - Echo Park (C21)

Presented By:

Listing provided courtesy of Keihan Rafii , Rafii Realty


Exterior

Lot Acreage
0
Paved
No
Waterfront
No

Exterior Construction
Hard Coat Stucco
Pool
No Pool
Security
Carbon Monoxide Detector(S)
Prewired For Alarm System
Smoke Detector
Style
Spanish
View
Tree Top View
Roofing
Shingle
Tar And Gravel
Tile

Interior

Levels
Multi Levels

Kitchen Features
Counter Top
Bathroom Features
Low Flow Toilet(S)
Remodeled
Shower And Tub
Tile
Additional Rooms
Living Room
Cooking Appliances
Microwave
Range
Cooktop - Gas
Oven-Electric
Equip/Appliances
Dishwasher
Dryer
Garbage Disposal
Refrigerator
Washer
Water Filter
Flooring
Hardwood
Laundry
Laundry Area In Unit

Additional Property Details

Number of Units
4
Parking Spaces
3
Number of Buildings
1
Gross Operating Income
$150,144
Total Expense
$32,568
ADA Compliance
No

Property Condition
Updated/Remodeled
Lot Description
Fenced
Lot Shape-Rectangular
Storm Drains
Street Asphalt
AC/Cooling
Air Conditioning
Heating
Central Furnace
Parking
Assigned
On Street
Parking Space
Side By Side
Tandem
Owner Pays
Water
Tenant Pays
Cable Tv
Electricity
Gas
Other Structural Features
Balcony
Rain Gutters

Silver Lake

The height of laidback cool, Silver Lake is beloved by hipsters and creative types seeking an urban lifestyle.  Silver Lake is dominated by the Silver Lake and Ivanhoe Reservoirs, which give the area its name and are surrounded by a recreation area.

Real Estate: Long on style, Silver Lake real estate embraces styles from Spanish Revival homes built in the 1920s and 1930s to the mid-century Modern homes by some of the great architects of the era including Richard Neutra and John Lautner. Apartments and condos are available in the Sunset Junction area and single-family homes up in the hills often have reservoir and city views.

Community Life: Silver Lake offers all the charms of hip urban life. The cafes and shops of Sunset Junction are always a popular destination for folks all around the city. The Silver Lake reservoir’s two-mile loop is popular with walkers and runners alike. With both LAMill and Intelligentsia in the area among others, great coffee abounds.

Education: Silver Lake is served by the Los Angeles Unified School District and schools in the area include Ivanhoe Elementary, Allesandro Elementary, and Micheltorena Elementary. Private schools include ASA Silver Lake School, St. Francis of Assisi Elementary and St. Teresa of Avila Elementary.

Transportation: Easily accessed by the 101 freeway and the 5 freeway, Silver Lake is conveniently located for easy commuting.

Local Attractions:  Silver Lake was the home of much of the early film industry. Walt Disney’s first large studio was in the area. The neighborhoods are also famous for many pedestrian stairs including the Music Box stairs which played a role in an early Laurel and Hardy movie. 

Community Explorer

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