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$1,549,000
2201 Avon Street, Los Angeles, California 90026
4Beds
2Baths
1,982Sqft
4,692Lot

Price Vs. Estimate

The estimated value ($1,549,000) is $0 (0%) lower than the list price ($1,549,000). This property may be overpriced.

Key pros and cons

Top Pros:
Duplex Configuration & Income Potential: This beautifully renovated duplex offers two spacious units with private entrances, presenting an exceptional opportunity for investors or owner-occupiers seeking a high-income property. Both units are offered vacant, providing flexibility for immediate rental income or owner-occupancy.
Top Cons:
As-Is Condition: The property is explicitly stated to be sold 'As-Is,' which means the seller will not make repairs and potential buyers should factor in costs for any necessary inspections, repairs, or upgrades.

Compared to the nearby listings

Price:$1.55M vs avg $1.54M (+$4,500)50%
Size:1,982 sqft vs avg 1,621.5 sqft65%
Price/sqft:$782 vs avg $99127%

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 description and images. The kitchens feature brand-new stainless steel appliances, modern white shaker cabinets, black granite countertops, contemporary mosaic backsplashes, and stylish patterned tile flooring. Hardwood floors gleam throughout the living areas and bedrooms, and the bathrooms are described as 'stylish.' The overall aesthetic is fresh, modern, and move-in ready, indicating that all major components are new or virtually new, meeting current quality standards with no deferred maintenance. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1959
Close
-
List price
$1.55M
Original List price
$1.6M
Price/Sqft
$782
HOA
-
Days on market
-
Sold On
-
MLS number
25571459
Home ConditionExcellent
Features
Patio
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 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! Additionally, this unit comes with a spacious attached two-car garage, providing coveted parking or additional storage. Both units to be offered vacant. 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-60.2mi
7/10
Dorris Place Elementary School
Public,K-60.5mi
8/10
Clifford Street Elementary School
Public,K-60.6mi
8/10
Allesandro Elementary School
Public,K-60.8mi
2/10
Mayberry Street Elementary School
Public,K-61.1mi
7/10
Solano Avenue Elementary School
Public,K-61.3mi
5/10
Micheltorena Street Elementary School
Public,K-51.6mi
4/10
Betty Plasencia Elementary School
Public,K-61.8mi
5/10
Rosemont Avenue Elementary School
Public,K-51.8mi
6/10
Castelar Street Elementary School
Public,K-51.9mi
/10
Lake Street Primary School
Public,K-12.1mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,K-62.4mi
2/10
Logan Street Elementary School
Public,K-81.0mi
5/10
Florence Nightingale Middle School
Public,6-81.6mi
6/10
Irving STEAM Magnet
Public,6-81.9mi
6/10
Thomas Starr King Middle School
Public,6-82.0mi
3/10
Sal Castro Middle School
Public,6-82.2mi
5/10
Virgil Middle School
Public,6-82.8mi
8/10
John Marshall Senior High School
Public,9-122.1mi
3/10
Belmont Senior High School
Public,9-122.2mi

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 description and images. The kitchens feature brand-new stainless steel appliances, modern white shaker cabinets, black granite countertops, contemporary mosaic backsplashes, and stylish patterned tile flooring. Hardwood floors gleam throughout the living areas and bedrooms, and the bathrooms are described as 'stylish.' The overall aesthetic is fresh, modern, and move-in ready, indicating that all major components are new or virtually new, meeting current quality standards with no deferred maintenance. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Duplex Configuration & Income Potential: This beautifully renovated duplex offers two spacious units with private entrances, presenting an exceptional opportunity for investors or owner-occupiers seeking a high-income property. Both units are offered vacant, providing flexibility for immediate rental income or owner-occupancy.
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 Comfort: The property has been beautifully renovated, featuring updated kitchens with modern amenities and brand-new appliances, gleaming hardwood floors, and an abundance of natural light, ensuring modern comfort and move-in readiness.
Valuable Parking/Storage: One unit includes a spacious attached two-car garage, providing coveted parking or additional storage, a significant advantage in a dense urban area like Los Angeles.
Versatility for Buyers: The property's duplex nature and vacant status offer strong versatility, appealing to both owner-occupiers looking to live in one unit and rent the other, and investors seeking to maximize rental income from both units.

Cons

As-Is Condition: The property is explicitly stated to be sold 'As-Is,' which means the seller will not make repairs and potential buyers should factor in costs for any necessary inspections, repairs, or upgrades.
Listing Price vs. Estimated Value: The current listing price of $1.549M is higher than the estimated property value of $1.51M, suggesting it may be slightly overpriced according to market models and could require strong justification of its unique features.
Immediate Vacancy Impact: While offering flexibility, both units being offered vacant means a new owner, particularly an investor, will need to secure tenants for both units, potentially leading to a temporary period without rental income.

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