A Rare Gem in Echo Park - Exceptional Investment Opportunity!Discover the hidden potential of this residential income opportunity, nestled in the heart of Echo Park. This property offers an extraordinary opportunity for astute investors or those seeking to transform a classic structure into something truly remarkable. With ample space, it presents the perfect canvas for modern updates and creative enhancements.Each one of the income properties boasts generous interiors with flexible layouts, inviting the possibility of contemporary redesigns tailored to meet today's living standards. From original finishes, this building is primed for those with a vision to bring it to its fullest potential.The property features a quaint outdoor space, ideal for creating a charming garden oasis or a welcoming communal area for future residents to enjoy. With strategic improvements, there is immense potential to increase rental income and significantly boost property value.Located in one of Echo Park's most dynamic and evolving neighborhoods, this investment opportunity is as much about lifestyle as it is about financial growth. The area's eclectic culture, burgeoning dining scene, and proximity to downtown LA make this building a standout choice for those looking to capitalize on its superb location.Seize the chance to turn this diamond in the rough into a polished gem - the possibilities are endless.
Property Details
Property Features
Property Information:
Architectural Style: Craftsman
Year Built: 1906
Stories: 2
Listing Office:
Office Name: Sotheby's International Realty
Office Email: gracelindgren1@gmail.com
Listing Agent: Grace Lindgren
Interior Features
Interior Information:
Appliances: Range, Gas Range, Range Hood, Tankless Water Heater
Flooring Type: Carpet, Vinyl, Wood
Interior: Beamed Ceilings, Balcony, Coffered Ceiling(s), High Ceilings, All Bedrooms Up, All Bedrooms Down
Fireplace: Gas
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Balcony
Parking Information:
Garage Space: 3 spaces
Parking: Door-Multi, Door-Single, Garage
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Floor Furnace
Cooling: None
Other
Directions Information:
Directions: East of Alvarado Street
Price Information
Listing Price Info
Price Summary:
List Price: $1,199,000
Tax Information:
Annual Amount: $2,018
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $177.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #V1-25982
Listing Office:
Office Name: Sotheby's International Realty
Office Email: gracelindgren1@gmail.com
Listing Agent: Grace Lindgren
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/23/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,018
$142,241
2020
$1,962
$140,784
2019
$1,881
$138,024
2018
$1,842
$135,318
2017
$1,842
$132,666
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Rosemont Avenue Elementary
421 Rosemont Ave
Distance between this listing and this school0.40 miles
Public District Grades 2-5
4
/10
Betty Plasencia Elementary
1321 Cortez St
Distance between this listing and this school0.57 miles
Public District Grades KG-5
4
/10
Union Avenue Elementary
150 S Burlington Ave
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Nearby Schools
4
/10
Camino Nuevo Charter Academy #4
1018 Mohawk St
Distance between this listing and this school0.34 miles
Public Charter Grades KG-8
4
/10
Logan Academy of Global Ecology
1711 Montana St
Distance between this listing and this school0.54 miles
Public District Grades KG-8
5
/10
Gabriella Charter
1435 Logan St
Distance between this listing and this school0.60 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Alliance Ted K. Tajima High School
1552 Rockwood St
Distance between this listing and this school0.60 miles
Public Charter Grades 9-12
1
/10
Harris Newmark Continuation
1575 W 2nd St
Distance between this listing and this school0.74 miles
Public District Grades 9-12
3
/10
Belmont High School
1575 W 2nd St
Distance between this listing and this school0.74 miles
The neighbors living near this home have an average income of $22,368. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1724 Clinton St
What is the listing price of this property?
The listing price of 1724 Clinton St property is $1,199,000.
What type of property is this?
The property 1724 Clinton St is a house located in Los Angeles, California, 90026.
Is this property for sale now?
Active Listing: 1724 Clinton St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,018 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 1724 Clinton St is 1906.
This home is located at 1724 Clinton St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This home, which was built in 1906, sits on a 0.13 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,199,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.