1556 W Court Street, Los Angeles, CA 90026

$795,000 Asking Price

2 beds
1 bath
1,116  sqft
Built in 1903

Explore the unique investment and living opportunities at 1554 and 1556 W Court Street, located in the vibrant Echo Park neighborhood. This dual-address property, zoned RD2-1, is ideal for both investors seeking a versatile project and families ready for a creative home renovation. Each address has its own utility meter, providing flexibility for multi-family living or potential rental income. The existing structure presents a golden opportunity for transformative renovation. Customize this space to match modern preferences or unique styles, creating a tailored home or investment property. The lot size allows for possible expansions or the addition of outdoor living spaces. Positioned just a stone’s throw from Echo Park Lake, the property encourages leisurely strolls and participation in vibrant community events. Dive into the lively urban lifestyle of Echo Park, renowned for its trendy eateries, boutique shops, and eclectic arts scene. With excellent access to major highways and public transportation, commuting and connectivity across Los Angeles are a breeze. The RD2-1 zoning supports a variety of developmental possibilities, including multi-unit dwellings, subject to city approvals. As Echo Park continues to evolve, the area's properties are poised for significant appreciation, making this an attractive prospect for long-term investment. This property offers a rare chance to capitalize on the potential and prime location, whether you aim to develop a lucrative investment property or craft a bespoke family home. Strictly by appointment only. Drive-by are welcome, but please do not disturb the premises without prior arrangement.


Features & Amenities

Interior

Laundry:
In Garage
A/C:
true, Central Air,Wall/Window Unit(s)
Fireplace:
None

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LARD2, 5159020016
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Beverly and Company, Judy Rogers

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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