2849 Council Street, Los Angeles, CA 90026
- $1,250,000
- 6
- BD
- 4
- BA
- 2,536
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 26686469
- Year Built
- 1996
- Bedrooms
- 6
- Bathrooms
- 4
- Living Sq. Ft
- 2,536
- Lot Size
- 4,803
- Acres
- 0.11
- Days on Market
- 116
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- Two Levels
Property Description
We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849-2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot long driveway to the rear of the property where they have access to 4 carport spaces. The structure was built in 1996, possibly making it exempt from the Los Angeles Rent Stabilization Ordinance (RSO/ "Rent Control"), buyer to verify. [Both units are 100% occupied and to be sold with residents - total yearly gross on current $41,064. Over 70% upside left.] The duplex could be purchased as a portfolio with 200-208 N Reno St. or offered individually at $650,000.
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Additional Information
- Heat
- Natural Gas
- Sewer
- Other
- School District
- Los Angeles Unified
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Matthew Maun (matt.maun@sothebys.realty) from Listing Office: Sotheby's International Realty.
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