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2230 Fargo Street

Los Angeles (City), CA 90039
  • $1,091,700
  • STATUS: Closed
  • ON SITE: 638 Days
  • ID#: P1-11330
Sold - 07/25/2023
$1,091,700
SOLD - 07/25/2023
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Listing Agent(s): Giusy Mele-Brown of COMPASS ((626) 205-4040)


Description

Front Unit will be delivered vacant. This prime Silver Lake property consists of two separate 2 bedroom/1 bathroom homes on a lot, as well as a freestanding garage with office that is perfect for a studio or potential ADU conversion (subject to city approval) and a laundry in the middle. This property is located in the highly desirable part of Silver Lake (over the hill from the Silver Lake Reservoir; down the street from Glendale Boulevard in close proximity to excellent options for dining, shopping, recreation and entertainment in the greater areas of Silver Lake, Echo Park, Elysian and downtown L.ABoth homes exteriors were just painted. The front home has a front porch, a living room and dining room as well as 2 bedrooms and a den and it has maintained most of its original features. Electrical panel was upgraded as well as some plumbing. A sizeable backyard, filled with trees and greenery, separates the two houses. The private back house features 2 bedrooms, 1 bathroom and its own backyard. This unit was remodeled in 2007 with a nice bright kitchen and bath, double pane windows, air conditioning, recessed lights, plumbing and electrical. The property is perfect for an investor or for an owner/user who wishes to live in one home and rent out the other. Front unit will be vacant as of November 15th, 2022.

Sold by Charmaine Uy of Absolute Capital.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-19T00:28:42.477. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/133219643
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2230 Fargo Street Los Angeles (City), CA 90039

  • Price: $1,250,000
  • Status: Closed
  • On Site: 638 Days
  • ID#: P1-11330
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1912
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Front Unit will be delivered vacant. This prime Silver Lake property consists of two separate 2 bedroom/1 bathroom homes on a lot, as well as a freestanding garage with office that is perfect for a studio or potential ADU conversion (subject to city approval) and a laundry in the middle. This property is located in the highly desirable part of Silver Lake (over the hill from the Silver Lake Reservoir; down the street from Glendale Boulevard in close proximity to excellent options for dining, shopping, recreation and entertainment in the greater areas of Silver Lake, Echo Park, Elysian and downtown L.ABoth homes exteriors were just painted. The front home has a front porch, a living room and dining room as well as 2 bedrooms and a den and it has maintained most of its original features. Electrical panel was upgraded as well as some plumbing. A sizeable backyard, filled with trees and greenery, separates the two houses. The private back house features 2 bedrooms, 1 bathroom and its own backyard. This unit was remodeled in 2007 with a nice bright kitchen and bath, double pane windows, air conditioning, recessed lights, plumbing and electrical. The property is perfect for an investor or for an owner/user who wishes to live in one home and rent out the other. Front unit will be vacant as of November 15th, 2022.
Exterior Features

Fencing Block Number Of Separate Electric Meters 2 Parking Features DrivewayGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas Range Common Walls No Common Walls Cooling Central AirSee RemarksWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetSee RemarksTile Heating CentralSee Remarks Heating YN Yes

Property Features

Association Fee 0 Buyer Financing Conventional Community Features Sidewalks Disclosures Rent Control Garage YN Yes Gross Income 27324 Gross Scheduled Income 47472 Insurance Expense 1500 Land Lease YN No Laundry Features OutsideSee Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 40452 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 7020 Possession See Remarks Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 27324 Trash Expense 0 Water Sewer Expense 3600



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-19T00:28:42.477. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Giusy Mele-Brown of COMPASS ((626) 205-4040)