Amazing opportunity to own a legal duplex 2040 and 2042 N. Alvarado APN # 5420005027, a separate lot APN# 5420005030, and a legal separate house 2020 Baxter APN# 5420005032 on its own lot, with incredible city skyline downtown views. The duplex is larger than listed with both finished and unfinished basement areas. The duplex has 2 units, the upper unit has 2 bedrooms 1 bathroom and a finished bonus room in the basement and a beautiful succulent garden. The lower 1/2 of the duplex has a fireplace in the living room, 2 bedrooms 1.5 baths and spacious basement with a finished bonus room and incredible views. The seperate home 2020 Baxter has a bonus room and bath room and large work shop in the lower level. The upper level has wood floors, a living room, kitchen, bedroom, bath, and enclosed sun porch and a patio. The seperate lot is about 2500 square feet. Half of the duplex is tenant occupied and is under rent control. The home, and the other half the duplex will be delivered vacant at COE. There are inspection reports and estimates on file from the prior escrow on the duplex (only) which will be turned over. The property is in need of some repairs.
Listing provided courtesy of
, Open Door Real Estate Co.
City Lights View
3 Full Baths
Additional Property Details
Available for Lease
Known for its iconic lotus-covered lake, which has dramatic views of the Los Angeles skyline, Echo Park is an urban community that is known for attracting creative types seeking a home in the heart of everything.
Real Estate: Echo Park plays an early role in Los Angeles’ history and features many stately older homes. Echo Park real estate is varied and includes apartments, single family and multi-family residences. The neighborhood of Angelino Heights is famous for its Victorian homes. Newer urban lofts and developments are starting to pop up throughout the area including along Sunset Boulevard.
Community Life: Echo Park is packed with restaurants old and new, independent retail boutiques, art galleries and nightlife especially in the Sunset Boulevard area. Residents can get a great workout climbing some of Echo Park’s many steep staircases. The Friday evening farmers market always attracts a lively crowd.
Education: Echo Park is served by the Los Angeles Unified School District and local schools included Elysian Heights Elementary, Clifford Street Elementary, and Logan Street Span School. Private schools include Golden West Christian and Baxter Montessori.
Transportation: This area is surrounded by the 2, 5, 110 and 101 freeways and has many bus lines and public transportation options.
Local Attractions: The lake is a major attraction and is home to many festivals and events throughout the year. Echo Park also borders Elysian Park and Dodger Stadium. Early moviemaking took place in the area known as Edendale which spanned Silver Lake and Echo Park.
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