2153 Avon Street, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath
ACTIVE$795,000
2153 Avon Street, Los Angeles, California 90026
2Beds
1Bath
946Sqft
5,862Lot
Year Built
1920
Close
-
List price
$795K
Original List price
$795K
Price/Sqft
$840
HOA
-
Days on market
-
Sold On
-
MLS number
25548799
Home ConditionTear down
Features
Good View: Hills
ViewHills
About this home
Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $795.0K(9th), sqft - 946(17th), beds - 2(38th), baths - 1(24th).
A rare development opportunity in Echo Park. This flat R-2 property awaits a sophisticated cash buyer to unlock its potential. The existing home is likely beyond the point of rehabbing. Located in a quiet pocket near Elysian Park and close to Elysian Heights Elementary Arts Magnet, Dodger Stadium and an array of eateries and retail along Echo Park Ave and Sunset Bl. Freeway access and DTLA are nearby.
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•1.7mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•1.8mi
6/10
Castelar Street Elementary School
Public,•K-5•1.8mi
/10
Lake Street Primary School
Public,•K-1•2.1mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•2.3mi
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
10/09/09
Sold
$429,000
Condition Rating
Tear down
The listing description states the existing home is likely beyond rehabbing. The property was built in 1920 and the images show a dilapidated structure. Therefore, the property is considered a tear-down.
Pros & Cons
Pros
Development Opportunity: The property presents a rare development opportunity in the desirable Echo Park area, suitable for a sophisticated cash buyer looking to maximize its potential.
R-2 Zoning: The flat R-2 zoning allows for potential development of multiple units, increasing the property's investment value.
Prime Location: Located in a quiet pocket near Elysian Park, offering a serene environment while still being close to urban amenities.
Convenient Access: Proximity to Elysian Heights Elementary Arts Magnet, Dodger Stadium, Echo Park Ave, Sunset Blvd, freeway access, and DTLA enhances its appeal for families and commuters.
Lot Size: The 5,862 sqft lot provides ample space for development or expansion.
Cons
Condition of Existing Home: The existing home is likely beyond repair, requiring significant investment for demolition and new construction.
Cash Buyer Requirement: The property requires a cash buyer, limiting the pool of potential purchasers.
Unknown Renovation Costs: Potential buyers will need to factor in the cost of demolition and new construction, which can be unpredictable.