1259 Vin Scully Avenue Los Angeles, CA ^$ 975,000

1259 Vin Scully Avenue

^$ 975,000

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1259 Vin Scully Avenue

Los Angeles, CA, 90026

^$ 975,000

Bedrooms9 Baths5.0 Sq 3,417

Monthly Estimate*

^$ 6,480

Listed by Marcus & Millichap

1259 Vin Scully Avenue, Los Angeles, CA 90026 - Image 1

1259 Vin Scully Avenue, Los Angeles, CA 90026 - Image 2

1259 Vin Scully Avenue, Los Angeles, CA 90026 - Image 3

1259 Vin Scully Avenue, Los Angeles, CA 90026 - Image 4

1259 Vin Scully Avenue, Los Angeles, CA 90026 - Image 5

1259 Vin Scully Avenue, Los Angeles, CA 90026 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $975,000 with 9 bedrooms and 5 full baths. This 3,417 square foot home was built in 1922 on a lot size of 0.1551.

We are pleased to offer for sale a five-unit apartment building located at 1259 Vin Scully Avenue in Los Angeles, CA. The subject property is located just north of Sunset Boulevard within the desirable Echo Park submarket. Over the past decade, Echo Park has become one of the most desirable neighborhoods in all of Los Angeles, combining abundant open space with urban walkability. Real estate located on the north end of Sunset Boulevard is viewed as prime, boasting some of the highest rents on the Eastside of L.A. Situated on a 6,758 square foot parcel, the property comprises of two one-bedroom units, two two-bedroom units, and one three-bedroom unit. The property's irreplaceable location, north of Sunset Boulevard coupled with the significant value-add potential and attractive basis makes 1259 Vin Scully Avenue an excellent acquisition opportunity for investors.

Multi-Family Active

Price

^$ 975,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1551

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24389066

Days on Market

Features

General

Zoning LAR4

Year Built 1922

Stories 2

Levels Two MultiSplit

Gross Income 71022.0

County Los Angeles

Net Operating Income 36682.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions East of Sunset Boulevard & North 110 Freeway

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area C21 - Silver Lake - Echo Park

Lot Size Square Feet 6758.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Vin Scully

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Year Built Source Assessor

Cap Rate 3.76

Exterior

Parking Features None

Total Parking 4.0

Lot Size Area 6758.0

Number of Buildings 2

Spa N

Building Area Total 3417.0

Lot Size Acres 0.1551

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 9

Electric On Property Y/N N

Total Baths 5

Internal Only

Street Number 1 1259

* Excluded Features

List By

Marcus & Millichap

Broker

(213) 943-1897

Phone

Affordability Calculator

$6,480

Per Month

Monthly Principal & Interest: $6,480
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,984,338

Percent of Sale Price 104%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$975,000		Listed Price

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1259 Vin Scully Avenue, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $975,000 with 3,417 sqft and a lot size of 0.1551. 1259 Vin Scully Avenue has 9 bedrooms, 5.0 baths, and was built in 1922. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1259 Vin Scully Avenue

Multi-Family Home for sale in Los Angeles, CA

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