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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 1,395,000

Est. payment -/mo

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Open Sat 2PM-5PM

1631 Champlain TER Los Angeles, CA 90026

4 Beds

2 Baths

1,952 SqFt

OPEN HOUSE

Sat Jun 28, 2:00pm - 5:00pm

Sun Jun 29, 2:00pm - 5:00pm

Tue Jul 01, 11:00am - 2:00pm

Sun Jul 06, 2:00pm - 5:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,952 sqft

Price per Sqft $714

MLS Listing ID 25557507

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1906

Lot Size 2,992 Sqft

Property Sub-Type Single Family Residence

Property Description

Nothing but good vibes at this beautiful live/work/invest property perched at the top of Elysian Heights. The versatile property consists of a light and bright 3 bed / 1 bath main house, a permitted and vacant 1 bed / 1 bath ADU, and a converted garage that makes a perfect home office. The main house features an open floorplan, vaulted ceilings, updated kitchen & bath, plus a primary bedroom with peaceful views and walk-in closet. You can look forward to enjoying your morning coffee on the charming front porch or after a hard day you can unwind with a glass of wine on the side patio. Below the main home is a spacious (750 sq.ft.) rental unit that was previously rented for $2,500 per month. This rental income could offset approximately $400,000 of your loan! Or, keep the unit as a comfortable guest suite for out-of-town visitors/in-laws, or perhaps try to maximize your return by making it into a short-term rental (or home-stay exchange). The 170 sq.ft. detached garage has been thoughtfully converted into a tranquil space that lends itself to someone with an at home practice (i.e. therapy, yoga, Pilates, art, etc.). There is also great storage on the property with an additional 170 sq.ft. laundry room and over 200 sq.ft. of basement space. The property is sited on a prime corner lot that not only provides wonderful views but also privacy as you are situated above your neighbors. You will quickly fall in love with this vibrant Echo Park neighborhood where you can grab an iced latte at Canyon Coffee after hiking in Elysian Park or perhaps you can try the famous Cacio e Pepe at Baccetti Trattoria for a fun night out. The possibilities are endless!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Rooms

Other Rooms Guest House

Interior

Interior Features Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Open Floorplan, Walk-In Closet(s)

Heating Combination

Fireplaces Type Decorative, Guest Accommodations

Furnishings Unfurnished

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Dryer, Washer

Laundry Laundry Room

Exterior

Fence Chain Link

Pool None

View Y/N Yes

View City Lights, Hills

Porch Front Porch, Open, Patio

Private Pool No

Building

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Architectural Style Bungalow

Level or Stories Two

Additional Building Guest House

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5420019023

Special Listing Condition Standard

Listed by Robert Baer Coldwell Banker Realty

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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