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$ 1,250,000
Est. payment /mo
Active
2849 Council Street Los Angeles, CA 90026
6 Beds
2,536 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,536 sqft
Price per Sqft $492
MLS Listing ID CL26686469
Bedrooms 6
HOA Y/N No
Year Built 1996
Lot Size 4,803 Sqft
Acres 0.11
Property Sub-Type OTHER
Property Description
We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849-2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot long driveway to the rear of the property where they have access to 4 carport spaces. The structure was built in 1996, possibly making it exempt from the Los Angeles Rent Stabilization Ordinance (RSO/ "Rent Control"), buyer to verify. [Both units are 100% occupied and to be sold with residents - total yearly gross on current $41,064. Over 70% upside left.] The duplex could be purchased as a portfolio with 200-208 N Reno St. or offered individually at $650,000.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Natural Gas
Fireplace No
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5156017015
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Listed by Matthew Maun • Sotheby's International Realty
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