RealKey
‪(213) 433-7766‬

217 Columbia Place, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 2 bath

217 Columbia Place, Los Angeles, California 90026 home-pic-0
ACTIVE$811,000
217 Columbia Place, Los Angeles, California 90026
2Beds
2Baths
1,364Sqft
1,191Lot
Year Built
1923
Close
-
List price
$811K
Original List price
$811K
Price/Sqft
$595
HOA
-
Days on market
-
Sold On
-
MLS number
SR25058433
Home ConditionPoor
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $811.0K(8th), sqft - 1364(35th), beds - 2(36th), baths - 2(50th).

A duplex with East Coast Charm in the Heart of LA -- live in one unit and rent out the other. Located in Historic Belmont Square, this inviting two-unit property offers a prime location within one of LA's most walkable and architecturally rich neighborhoods. This duplex is comprised of two 1-bed, 1-bath units with functional layouts and in-unit washer/dryers, along with private garden areas that provide a peaceful retreat in the city. Enjoy its easy access to Downtown LA, Silver Lake, Echo Park, and Koreatown, just minutes away. Another bonus is the close proximity to Vista Hermosa Park, Echo Park, and others, offering scenic green spaces, trails, and city views just steps from your doorstep.

Price History

Date
Event
Price
12/19/14
Sold
$349,000
07/29/09
Sold
$113,000
01/23/07
Sold
$402,000
Condition Rating
Poor
Built in 1923, this property is over 100 years old with no major recent renovations highlighted. The weakness analysis explicitly states that it 'may require significant investment in updating systems (plumbing, electrical, HVAC) and interiors to meet modern standards.' This indicates that the kitchens and bathrooms are likely very dated, and major systems require substantial repairs and rehabilitation to meet modern safety and comfort standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Income-Generating Duplex: The property offers a unique opportunity for owner-occupancy with rental income from the second unit, providing financial flexibility or investment potential.
Highly Desirable Location: Situated in Historic Belmont Square, known for its walkability and architectural richness, appealing to those seeking an urban lifestyle.
Exceptional Connectivity: Provides easy access to major Los Angeles hubs including Downtown LA, Silver Lake, Echo Park, and Koreatown, enhancing convenience for residents.
Abundant Green Spaces Nearby: Proximity to Vista Hermosa Park, Echo Park, and other scenic green spaces offers recreational opportunities and city views.
Historic Charm & Character: Built in 1923, the property boasts 'East Coast Charm' and is part of an architecturally significant neighborhood, appealing to buyers seeking unique character.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1191, living area = 1364.
Age of Property & Potential for Updates: Constructed in 1923, the property may require significant investment in updating systems (plumbing, electrical, HVAC) and interiors to meet modern standards, as no recent major renovations are highlighted.
Small Lot Size: With a lot size of only 1191 sqft, outdoor space is limited, which might be a drawback for buyers seeking more expansive private outdoor areas.
Potential Rent Control Implications: As an older duplex in Los Angeles, the rental unit is likely subject to rent control regulations, which could impact future rental income growth and tenant management flexibility for investors.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state