2714 Montecito Street

Los Angeles, CA 90031

$1,400,000

List Price

5

bed Beds

4

shower Baths

2,680 sqft

straighten / sqft

1890

calendar_month Built

Property Description

DELIVERED VACANT. An 1890 Victorian era multi-family compound, completely remodeled and upgraded to current building codes and standards. Full of charm and character with 11 foot high ceilings, carved trim and an exposed interior brick chimney (decorative) that gives New York railroad apartment meets vintage London flat. Very private and fully fenced and gated. Surrounded by a drip irrigated and lush garden that boasts fruiting trees of guava, avocado, loquat, citrus as well as apple- all edible and delicious. Downstairs holds a spacious 2 bedroom 2 bath and a 1 bedroom 1 bath unit while upstairs you have a light filled 2 bedroom 1 bath unit with city views. Additionally, a detached 2 car garage could be a great ADU conversion opportunity or a useful workshop/ studio space with 220v electricity. Combined with a large driveway area there is enough room for up to 6 vehicles behind an electric gate. With so much potential for expansion and creativity while also being totally functional as is, this property could be equally ideal for an owner user or an investor looking to add a solid income producing property to their portfolio. Ready to be rented out at current market rents and very conveniently located in northwest Lincoln Heights just a few minutes from Highland Park and Cypress Park. This is a rare opportunity to swoop up a vacant and stylish multi-family in a unique pocket of North East Los Angeles

Listing Information

List Price $1,400,000
Status Active
MLS 24455207
Type Residential Income
Year Built 1890
Lot Size 6,419
Structure Size 2,680
DOM 1
Courtesy Of Equity Los Angeles
Listing Agent David Lantzman DRE#01897162

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 4
Flooring Information
Material Wood
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Features Deck, Porch
View Yes

Maps

Listing information courtesy of: David Lantzman, Equity Los Angeles 805-350-3233. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 22nd, 2024 at 8:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.