2138 Santa Ynez St Los Angeles, CA 90026

• April, 2024

• Apr 30, 2024

  Date

  Active

  CRMLS: 24379177

  $1,265,000

  Price

• December, 2023

• Dec 6, 2023

  Date

  Canceled

  CRMLS: 23330083

  $1,195,000

  Price

• Nov 8, 2023

  Date

  Active

  CRMLS: 23330083

  $1,195,000

  Price

• Listing provided courtesy of CRMLS

  Nestled between the vibrant Echo Park and Silver Lake neighborhoods with views of the scenic Los Angeles topography, this rare VACANT duplex stands as a beacon of opportunity for investors and owner-users. The front unit offers two bedrooms, one bath, and an additional versatile room, electric fire place for those wine nights, central heat/air complemented by a spacious eat-in kitchen, and inviting outdoor patios. The rear unit features a two-bedroom, one-bath arrangement with an ample bonus loft space (256 sq feet not accounted for), perfect for customization into an additional bedroom, office, or playroom. Both units are poised for modernization, with the promise of high rental yields (8%+ cap rate). Reflecting the superior upgrades, this property incorporates high-end materials and modern attributes. The intuitive open floor plan effortlessly connects living, dining, and kitchen spaces, a sumptuous European-styled kitchen. This culinary haven is outfitted with quartz countertops, custom backsplash, new cabinets with designer fixtures, and stainless steel appliances.The bathrooms are transformed into chic retreats, featuring custom "wood" tile surrounds, LED lighting, and modern fixtures, with the a luxurious shower/bath. Natural light floods the primary bedroom and the guest rooms both boast generous closet space. The property has been upgraded meticulously, including new luxury vinyl plank floors, new 200 AMP electrical panel (split meters), double pane windows, and a host of new installations, ensuring comfort and style. The outdoor space offers a low-maintenance yard that includes orange, avocado, pomegranate, & guava trees. Perfect for entertaining and relaxation, and the lot itself holds immense potential for adding an ADU or further development, leveraging the build-able lot to its full earning potential. This investment property, delivered fully VACANT, invites you to seize a unique Los Angeles real estate opportunity. With its prime location and inherent charm, it is perfectly suited for those ready to craft a dream home while enjoying the benefits of supplemental income. Close to all of the restaurants, bars, & hip spots in Echo Park & Silver Lake.

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• May, 2023

• May 19, 2023

  Date

  Sold

  CRMLS: 23256667

  $825,000

  Price

• Apr 3, 2023

  Date

  Active

  CRMLS: 23256667

  $825,000

  Price

• Listing provided courtesy of CRMLS

  Calling all investors/developers looking for income potential and eager owner-users who are ready to create a dream home with the benefit of supplementing your income. Here's an opportunity to own a rare duplex on a buildable lot located at the scenic, highly sought after, trending neighborhood in between Echo Park & Silver Lake. The front unit is 2 bedrooms/1 bath w/ an additional smaller room that can be an office, art room, studio, or used for extra storage. This front unit also features a large eat-in kitchen w/ a large utility room, covered front patio, and back patio area. The second (back unit) features 1 bedroom/1 bath with an expansive loft space that can be an additional bedroom, office, or playroom. These units beckon to be re-imagined and will surely command high rental income once restored. Great bones with so much potential & separate meters. All you need is to update cosmetically and earn! The lot has endless possibilities with parking and plenty of room to add an ADU or fully develop to maximize earning potential. The location anchors itself to the bustling LA living with its close proximity to Echo Park, Silver Lake, DTLA and some of the hottest retail and dining spots in the surrounding neighborhoods. Come with an open mind and excitement as you realize the opportunity to stake claim and make this opportunity all your own. Huge value add and sweat equity opportunity. Perfect for the novice to savvy investor. Units will be delivered vacant (inquire within). Call today for a showing as this one surely won't last!

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• July, 2014

• Jul 17, 2014

  Date

  Sold (Public Records)

  Public Records

  $445,000

  Price

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