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2351 Cabot St - Two Homes on a Lot in Elysian Valley 2 Unit Apartment Building Offered at $1,089,000 Los Angeles, CA 90031
EXECUTIVE SUMMARY
In Elysian Valley, this Traditional duplex on a large lot is a great find in a happening part of town. Located minutes from everything great in Frogtown, the property presents an excellent owner-user opportunity, with one unit delivered vacant and the other generating income. The front house features three bedrooms and two baths; both units enjoy hard surface flooring and great natural light. The vacant second-level residence includes one bedroom plus a den and one bath, and enjoys scenic mountain views. The backyard is spacious, with ample room for off-street parking. Recreation, dining, and everyday amenities are close by, including the LA River Bike Path, La Colombe, Spoke Café, Wax Paper, Lingua Franca, Salazar, and Frogtown Brewery, with Silver Lake and Echo Park within easy reach.
PROPERTY FACTS
| Price | $1,089,000 | Lot Size | 0.12 AC |
| Price Per Unit | $544,500 | Building Size | 1,806 SF |
| Sale Type | Investment | Average Occupancy | 50% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1924 |
| Price | $1,089,000 |
| Price Per Unit | $544,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.12 AC |
| Building Size | 1,806 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1924 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,040 |
| 1+1 | 1 | - | 766 |
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2351 Cabot St - Two Homes on a Lot in Elysian Valley
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