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2201 Avon Street, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 2 bath

2201 Avon Street, Los Angeles, California 90026 home-pic-0
ACTIVE$1,595,000
2201 Avon Street, Los Angeles, California 90026
4Beds
2Baths
1,982Sqft
4,692Lot

Price Vs. Estimate

The estimated value ($1,093,827.395) is $501,172.605 (31%) lower than the list price ($1,595,000). This property may be overpriced.

Key pros and cons

Top Pros:
Duplex Configuration & Income Potential: This property is a beautifully renovated duplex, offering two spacious units with private entrances. One unit is already leased, providing immediate rental income, making it an exceptional opportunity for investors or owner-occupiers seeking a high-income property.
Top Cons:
Sold As-Is Condition: The property is explicitly stated to be sold 'As-Is,' which may imply that the seller will not make repairs and could lead to unforeseen expenses for the buyer.

Compared to the nearby listings

Price:$1.59M vs avg $1.55M (+$40,000)52%
Size:1,982 sqft vs avg 1,621.5 sqft65%
Price/sqft:$805 vs avg $99130%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, this duplex has undergone a stunning and extensive renovation, as evidenced by the 'brand-new appliances' and 'gleaming hardwood floors' mentioned in the description, and visually confirmed by the images. The kitchen features modern white shaker cabinets, black countertops, a stylish mosaic backsplash, a farmhouse sink, and contemporary patterned floor tiles, all appearing virtually new. The living areas also showcase well-maintained hardwood floors and a fresh aesthetic. The property is move-in ready with high-quality finishes throughout, meeting current quality standards with no visible deferred maintenance.
Year Built
1959
Close
-
List price
$1.59M
Original List price
$1.7M
Price/Sqft
$805
HOA
-
Days on market
-
Sold On
-
MLS number
25498069
Home ConditionExcellent
Features
ViewCourtyard

About this home

Stunning Renovated Duplex in Prime Echo Park A Rare Investment and Living Opportunity! Located on a desirable corner lot in the heart of Echo Park, this beautifully renovated duplex is an exceptional opportunity for investors or owner-occupiers seeking a high-income property. Offering two spacious units, each with a private entrance, this property combines convenience, versatility, and modern comfort. The first unit features two bright bedrooms and one stylish bathroom, showcasing gleaming hardwood floors and an abundance of natural light. The thoughtfully updated kitchen blends modern amenities with vintage charm, creating the perfect space for cooking and entertaining. The second unit mirrors the first with two bedrooms and one bathroom, a sun-drenched living area, and a well-appointed kitchen equipped with brand-new appliances. Additionally, this unit comes with a spacious attached two-car garage, providing coveted parking or additional storage.One unit is already leased, offering immediate rental income, while the other is move-in readyperfect for an owner-occupant eager to enjoy the Echo Park lifestyle! Situated just minutes from Dodger Stadium, trendy restaurants, boutique shops, and the scenic trails of Elysian Park, this property is in one of L.A.'s most sought-after neighborhoods. Don't miss this rare opportunity! Sold As-Is. Schedule a viewing today! Additionally, this unit comes with a spacious attached two-car garage, providing coveted parking or additional storage. One unit is already leased, offering immediate rental income, while the other is move-in ready perfect for an owner-occupant eager to enjoy the Echo Park lifestyle! Situated just minutes from Dodger Stadium, trendy restaurants, boutique shops, and the scenic trails of Elysian Park, this property is in one of L.A.'s most sought-after neighborhoods. Don't miss this rare opportunity! Sold As-Is. Schedule a viewing today!

Nearby schools

3/10
Elysian Heights Elementary School
Public,•K-6•0.2mi
7/10
Dorris Place Elementary School
Public,•K-6•0.5mi
8/10
Clifford Street Elementary School
Public,•K-6•0.6mi
8/10
Allesandro Elementary School
Public,•K-6•0.8mi
2/10
Mayberry Street Elementary School
Public,•K-6•1.1mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.3mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.6mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.8mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•1.8mi
6/10
Castelar Street Elementary School
Public,•K-5•1.9mi
/10
Lake Street Primary School
Public,•K-1•2.1mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•2.4mi
2/10
Logan Street Elementary School
Public,•K-8•1.0mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.6mi
6/10
Irving STEAM Magnet
Public,•6-8•1.9mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.0mi
3/10
Sal Castro Middle School
Public,•6-8•2.2mi
5/10
Virgil Middle School
Public,•6-8•2.8mi
8/10
John Marshall Senior High School
Public,•9-12•2.1mi
3/10
Belmont Senior High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
02/19/02
Sold
$360,000
Condition Rating
Excellent
Despite being built in 1959, this duplex has undergone a stunning and extensive renovation, as evidenced by the 'brand-new appliances' and 'gleaming hardwood floors' mentioned in the description, and visually confirmed by the images. The kitchen features modern white shaker cabinets, black countertops, a stylish mosaic backsplash, a farmhouse sink, and contemporary patterned floor tiles, all appearing virtually new. The living areas also showcase well-maintained hardwood floors and a fresh aesthetic. The property is move-in ready with high-quality finishes throughout, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Duplex Configuration & Income Potential: This property is a beautifully renovated duplex, offering two spacious units with private entrances. One unit is already leased, providing immediate rental income, making it an exceptional opportunity for investors or owner-occupiers seeking a high-income property.
Prime Echo Park Location: Situated on a desirable corner lot in the heart of Echo Park, the property is minutes from Dodger Stadium, trendy restaurants, boutique shops, and Elysian Park, placing it in one of L.A.'s most sought-after neighborhoods.
Recent Renovation & Modern Amenities: The duplex has been beautifully renovated, featuring updated kitchens with modern amenities and brand-new appliances, gleaming hardwood floors, and an abundance of natural light throughout both units.
Versatile Use: The property offers flexibility for both investors and owner-occupiers, with one unit leased for immediate income and the other move-in ready for an owner to enjoy the Echo Park lifestyle.
Attached Two-Car Garage: The second unit includes a spacious attached two-car garage, a coveted amenity in this urban area, providing secure parking or additional storage.

Cons

Sold As-Is Condition: The property is explicitly stated to be sold 'As-Is,' which may imply that the seller will not make repairs and could lead to unforeseen expenses for the buyer.
Significant Price Discrepancy: The current list price of $1,595,000 is substantially higher than the estimated property value of approximately $1,093,827, indicating a potential overpricing of 31% according to the estimation model.
Lack of Mentioned Cooling System: While renovated and featuring natural light, the property description does not mention the presence of a central air conditioning or cooling system, which could be a drawback in Los Angeles' climate.

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