1605 Council Street, Los Angeles, CA 90026

$799,000 Asking Price

3 beds
2 baths
1,281  sqft
Built in 1904

Calling all investor/developers and savvy owner-users. Introducing a prime opportunity in one of LA's flourishing corridors of eats, drinks and cultural heritage, Historic Filipinotown affectionately referred to as HiFi. Located on a corner/iron-shaped 4,205 sq. ft. lot, 1605 Council presents an exceptional chance to create a personalized haven in a rapidly-appreciating neighborhood with a surge of development. The existing California Bungalow-style structure offers 3 bed and 2 baths, 1281 square feet of living space a blank canvas for a reimagined single-family home or potentially a redevelopment opportunity utilizing the LAR-1.5 Zoning to its capacity. The surrounding area is known for its convenience and blossoming community, with easy access to well-known local restaurants, cafes and bars: Gra + Park's Finest + Woon, Tribal Cafe + Clark Street and Thunderbolt + 1642 Wine Bar. This property's prime location provides a smart investment opportunity for those with a keen eye for potential. Take advantage of this chance to transform the property into a one-of-a-kind gem in what TimeOut dubs as one of the "50 Coolest Neighborhoods in the World."


Features & Amenities

Interior

Laundry:
Outside
Flooring:
Carpet,Tile,Vinyl,Wood
A/C:
false, None
Heating:
true, Gravity,Wall Furnace
Fireplace:
Family Room, Fireplace

Exterior

General:
Shed(s)
Other Structures:
Shed(s)
Pool:
None
Parking:
On Street, Parking spaces: 0

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARD1.5, 5159010013
View:
View

Financial

Source:
CRMLS

This listing courtesy of:
Compass, Johnhenry Cabeso

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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