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Two Homes on a Lot in Elysian Valley 2351 Cabot St 2 Unit Apartment Building $1,089,000 ($544,500/Unit) 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 | Building Class | C |
| Price Per Unit | $544,500 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 1,806 SF |
| No. Units | 2 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1924 |
| Zoning | R1 - Duplex | ||
| Price | $1,089,000 |
| Price Per Unit | $544,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 1,806 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1924 |
| Zoning | R1 - Duplex |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,040 |
| 1+1 | 1 | - | 766 |
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Property Taxes
| Parcel Number | 5445-030-022 | Improvements Assessment | $92,205 |
| Land Assessment | $277,375 | Total Assessment | $369,580 |
Property Taxes
Parcel Number
5445-030-022
Land Assessment
$277,375
Improvements Assessment
$92,205
Total Assessment
$369,580
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Two Homes on a Lot in Elysian Valley | 2351 Cabot St
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