Los Angeles, CA 90026,2136 Lemoyne St
Los Angeles, CA 90026,2136 Lemoyne St
Los Angeles, CA 90026,2136 Lemoyne St
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$1,997,000
Est. payment /mo
5 Beds
4 Baths
2,209 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,209 sqft

Price per Sqft $904

MLS Listing ID 25572545

Style Craftsman

Bedrooms 5

Construction Status Updated/Remodeled

Year Built 1924

Lot Size 7,507 Sqft

Acres 0.1723

Property Sub-Type Multi-Family

Property Description

Echo Park Duplex Renovated, Tenant-Occupied, and Investor-Friendly with ADU Upside Potential. Strong investment opportunity in one of Los Angeles' most appealing rental markets. With pro forma cap rate of 6.01% (not including ADU Upside), this renovated Echo Park duplex delivers income in place with month-to-month tenants, low-maintenance ownership from over $350,000 in improvements, and clear upside with a spacious two-car garage suitable for ADU conversion or additional living space. Set on a low-maintenance, natively landscaped hillside lot in Elysian Heights, the property includes two fully detached units, each on month-to-month leases, providing investors with both income and flexibility. Over $350,000 in capital improvements have been completed, including updated electrical, plumbing, and sewer line, renovated kitchens and baths, central HVAC, tankless water heaters, energy-efficient windows and insulation, a new driveway, exterior and interior paint, and full landscaping.The front unit is a classic 1920s Craftsman featuring two bedrooms, one and a half baths, a bonus office, a gas fireplace, an updated kitchen with adjoining laundry, and a private shaded patio. The rear unit is a detached two-story home with two bedrooms plus a large downstairs bonus room or guest suite with its own bath, ideal as a third bedroom or studio. It also includes direct access to a covered patio and a fenced backyard with mature fruit trees. Both units feature their own garage along with additional off-street parking, an attractive amenity for tenants.This property offers a rare combination of immediate cash flow, pride-of-ownership condition, and long-term upside. Perfect for investors seeking stable rental income, a value-add opportunity, a 1031 exchange, or future owner-occupancy with rental income already in place.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR1

Rooms

Other Rooms Accessory Bldgs, GuestHouse

Dining Room 1

Kitchen Counter Top, Remodeled, Pantry

Interior

Interior Features Detached/No Common Walls, Turnkey, 220V Throughout

Heating Central, Space Heater

Cooling Air Conditioning, Other, Ceiling Fan

Flooring Hardwood, Linoleum, Tile

Fireplaces Type Living Room

Equipment Range/Oven, Cable, Ceiling Fan, Dishwasher, Dryer, Refrigerator, Washer, Hood Fan

Laundry In Kitchen, Room, Inside

Exterior

Parking Features Above Street Level, Driveway, Garage Is Attached, Garage Is Detached, Garage - 2 Car, Parking Space, Parking for Guests, Uncovered, Covered Parking, Detached, Door Opener

Garage Spaces 4.0

Pool None

View Y/N Yes

View City, Trees/Woods, City Lights, Hills, Walk Street, Canyon

Roof Type Shingle

Building

Lot Description Curbs, Fenced, Front Yard, Back Yard, Landscaped, Walk Street, Sidewalks, Street Lighting, Street Paved, Yard

Story 2

Foundation Raised

Sewer In Street

Water Public, In Street, Meter on Property

Architectural Style Craftsman

Level or Stories Two, One

Structure Type Detached/No Common Walls, Stucco, Wood Siding

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by eXp Realty of California Inc

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