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217 Columbia, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

217 Columbia, Los Angeles, California 90026 home-pic-0
ACTIVE$799,000
217 Columbia, Los Angeles, California 90026
0Bed
0Bath
1,364Sqft
1,191Lot

Price Vs. Estimate

The estimated value ($799,000) is $0 (0%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential: This duplex offers two 1-bedroom, 1-bathroom units, providing excellent potential for income generation by living in one unit and renting out the other.
Top Cons:
Small Unit Size: Each unit is a 1-bedroom, 1-bathroom, and the total square footage of 1364 sqft for a duplex may be restrictive for those seeking more spacious living arrangements.

Compared to the nearby listings

Price:$799.0K vs avg $1.53M ($-733,500)9%
Size:1,364 sqft vs avg 1,590 sqft35%
Price/sqft:$586 vs avg $99111%

More Insights

Built in 1923 (102 years old).
Condition: Despite being built in 1923, the property has undergone significant and recent renovations, particularly in the key areas of the kitchen and bathroom. The kitchen features modern white shaker cabinets, contemporary countertops, and a mosaic tile backsplash, while the bathroom boasts a modern vanity, sink, and subway tile shower. New wood-look flooring is consistent throughout the living areas, and the walls have fresh, modern paint colors. The description also notes a 'newly done roof,' indicating a major system update. These extensive updates, likely within the last 5-15 years, make the property move-in ready with no immediate renovations required, aligning it with the 'Good' condition criteria.
Year Built
1923
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$586
HOA
-
Days on market
-
Sold On
-
MLS number
SR25229243
Home ConditionGood
Features
Patio
View-

About this home

East Coast Charm in the Heart of LA! Duplex in Historic Belmont Square , Discover a rare opportunity to own a duplex in Belmont Square/Echo Park South, a hidden gem in Los Angeles that blends East Coast-style architecture with classic LA charm. Situated on Columbia Place and Columbia Avenue, this inviting two-unit property offers a prime location within one of LA's most walkable and architecturally rich neighborhoods. Belmont Square is a pedestrian-friendly enclave designed by renowned architect David Julius Witmer, featuring minimal Art Deco and American Craftsman influences. Inspired by New York City row houses, this neighborhood boasts picturesque tree-lined streets, garden courtyards, and a rich architectural heritage dating back to the 1920s. This duplex features two 1-bed, 1-bath units with functional layouts and in-unit washer/dryers, along with private garden areas that provide a peaceful retreat in the city. Whether you're looking to live in one unit and rent out the other, this property offers great potential for income generation. Enjoy prime walkability, with Downtown LA, Silver Lake, Echo Park, and Koreatown just minutes away. Plus, Vista Hermosa Park and Echo Park are both within walking distance, offering scenic green spaces, trails, and city views just steps from your doorstep. Additionally, the roof has been newly done, providing peace of mind for years to come. Surrounded by beautifully preserved architecture and lush communal spaces, this property offers a rare opportunity to live in a neighborhood full of character and history. **Schedule a showing today and experience the unique charm of Belmont Square!

Price History

Date
Event
Price
12/19/14
Sold
$349,000
07/29/09
Sold
$113,000
01/23/07
Sold
$402,000
Condition Rating
Good
Despite being built in 1923, the property has undergone significant and recent renovations, particularly in the key areas of the kitchen and bathroom. The kitchen features modern white shaker cabinets, contemporary countertops, and a mosaic tile backsplash, while the bathroom boasts a modern vanity, sink, and subway tile shower. New wood-look flooring is consistent throughout the living areas, and the walls have fresh, modern paint colors. The description also notes a 'newly done roof,' indicating a major system update. These extensive updates, likely within the last 5-15 years, make the property move-in ready with no immediate renovations required, aligning it with the 'Good' condition criteria.
Pros & Cons

Pros

Income Potential: This duplex offers two 1-bedroom, 1-bathroom units, providing excellent potential for income generation by living in one unit and renting out the other.
Prime Walkable Location: Situated in Belmont Square/Echo Park South, the property boasts prime walkability to Downtown LA, Silver Lake, Echo Park, Koreatown, and nearby parks like Vista Hermosa Park.
Historic Charm & Architectural Significance: Located in the architecturally rich Belmont Square, the property features East Coast-style architecture with Art Deco and American Craftsman influences, offering unique character and heritage.
Recent Roof Replacement: The roof has been newly done, providing a significant recent upgrade and peace of mind for future owners regarding a major structural component.
Value Proposition: The property is listed at $799,000, which is below the estimated market value of $858,622, suggesting a favorable purchase opportunity.

Cons

Small Unit Size: Each unit is a 1-bedroom, 1-bathroom, and the total square footage of 1364 sqft for a duplex may be restrictive for those seeking more spacious living arrangements.
Age of Property: Built in 1923, while charming, the property's age may imply potential for outdated systems (plumbing, electrical) and higher maintenance costs over time, despite the new roof.
Limited Outdoor Space: With a small lot size of 1191 sqft, the property offers limited private outdoor space, which might be a drawback for buyers desiring larger yards or gardens.

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