Description
Explore the unique investment and living opportunities at 1554 and 1556 W Court Street, located in the vibrant Echo Park neighborhood. This dual-address property, zoned RD2-1, is ideal for both investors seeking a versatile project and families ready for a creative home renovation. Each address has its own utility meter, providing flexibility for multi-family living or potential rental income. The existing structure presents a golden opportunity for transformative renovation. Customize this space to match modern preferences or unique styles, creating a tailored home or investment property. The lot size allows for possible expansions or the addition of outdoor living spaces.Positioned just a stone?s throw from Echo Park Lake, the property encourages leisurely strolls and participation in vibrant community events. Dive into the lively urban lifestyle of Echo Park, renowned for its trendy eateries, boutique shops, and eclectic arts scene. With excellent access to major highways and public transportation, commuting and connectivity across Los Angeles are a breeze.The RD2-1 zoning supports a variety of developmental possibilities, including multi-unit dwellings, subject to city approvals. As Echo Park continues to evolve, the area's properties are poised for significant appreciation, making this an attractive prospect for long-term investment. This property offers a rare chance to capitalize on the potential and prime location, whether you aim to develop a lucrative investment property or craft a bespoke family home.Strictly by appointment only. Drive-by are welcome, but please do not disturb the premises without prior arrangement.
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2BEDS
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0.09ACRES
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1BATHS
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01/2 BATHS
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1,116SQFT
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$672$/SQFT
Description
Explore the unique investment and living opportunities at 1554 and 1556 W Court Street, located in the vibrant Echo Park neighborhood. This dual-address property, zoned RD2-1, is ideal for both investors seeking a versatile project and families ready for a creative home renovation. Each address has its own utility meter, providing flexibility for multi-family living or potential rental income. The existing structure presents a golden opportunity for transformative renovation. Customize this space to match modern preferences or unique styles, creating a tailored home or investment property. The lot size allows for possible expansions or the addition of outdoor living spaces.Positioned just a stone?s throw from Echo Park Lake, the property encourages leisurely strolls and participation in vibrant community events. Dive into the lively urban lifestyle of Echo Park, renowned for its trendy eateries, boutique shops, and eclectic arts scene. With excellent access to major highways and public transportation, commuting and connectivity across Los Angeles are a breeze.The RD2-1 zoning supports a variety of developmental possibilities, including multi-unit dwellings, subject to city approvals. As Echo Park continues to evolve, the area's properties are poised for significant appreciation, making this an attractive prospect for long-term investment. This property offers a rare chance to capitalize on the potential and prime location, whether you aim to develop a lucrative investment property or craft a bespoke family home.Strictly by appointment only. Drive-by are welcome, but please do not disturb the premises without prior arrangement.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-11T10:30:30.587. 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 RE/MAX Freedom. Licensed in the State of California, USA.