A rare opportunity to acquire a secluded compound in the sought-after Echo Park neighborhood of Elysian Heights. This special property features four distinctive units across three charming Spanish bungalows, each offering hardwood floors, period kitchens and baths, views, original architectural details and private outdoor spaces. The crown jewel of the property is a stunning three-story townhouse, boasting 2 bedrooms, 2 bathrooms, and a private ground-level entrance – perfect for an owner-user or premium rental. All units have been thoughtfully renovated and well maintained, offering strong market rents with one unit delivered vacant at close of escrow. Explore the serene neighborhood and see why this area is in high demand with great options for food and drink at Lady Byrd Cafe, Canyon Coffee, Valerie Echo Park, Bacetti Trattoria, Tilda, Cookbook Market, Elysian Park hiking trails and local shops. Ideal for investors seeking a return approaching a 5% CAP or for your personal residence looking to offset mortgage costs with rental income. Please do not walk the property or disturb tenants.
Property Details
Price:
$2,150,000
MLS #:
25529975
Status:
Active
Baths:
0
Address:
1608 Cerro Gordo Street
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Apr 28, 2025
State:
CA
ZIP:
90026
Lot Size:
5,369 sqft / 0.12 acres (approx)
Year Built:
1924
Schools
Interior
Appliances
Refrigerator
Fireplace Features
None
Flooring
Wood
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
None
Parking Spots
0.00
Security Features
Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Sewer
Sewer Paid
View
Park/ Greenbelt
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity, Gas
Map
Contact Us
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1608 Cerro Gordo Street
Los Angeles, CA
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