1445 Calumet Ave, Los Angeles, CA 90026
Sale Price: $2,000,000
Sep 9, 20243,144 sqft7 beds7 baths
Listed by: Emily Johnson
License #: 01877330
Phone #: 323-314-8908
Sotheby's International Realty
Source:
MLS #: 24433023
Property Description
This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$28,434
TurboHome Estimated Value
$1,997,800
$635 sqft
High Valuation
$2,097,690
$667/sqft
Normal Valuation
$1,997,800
$635/sqft
Low Valuation
$1,897,910
$604/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $635/sqft | $1,997,800 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Echo Park
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Comparative Value
$1.24M
$1.70M
$2.00M
$2.10M
316 N Bixel St, Los Angeles, CA 90026
Sale Price: $1,235,000
Selected Comparable
2011 Echo Park Ave, Los Angeles, CA 90026
Sale Price: $1,695,000
Selected Comparable
1445 Calumet Ave, Los Angeles, CA 90026
Sale Price: $2,000,000
Selected Comparable
1445 Calumet Ave, Los Angeles, CA 90026
List Price: $2,100,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT1445 Calumet Ave, Los Angeles, CA 90026
List: $2,100,000
Listed: 9/9/2024
Area:3,144 sqft
Price/sqft:$668
Beds:7
Baths:7
Year Built:—
Lot Size:6,744
Comparable Properties
COMPARABLEChoose comps
1445 Calumet Ave, Los Angeles, CA 90026
Sale: $2,000,000
4/24/2025 • 0.00 mi
Area:3,144 sqft
Price/sqft:$636
Beds:7
Baths:7
Year Built:—
Weight:48.7%
2011 Echo Park Ave, Los Angeles, CA 90026
Sale: $1,695,000
10/4/2024 • 1.33 mi
Area:2,928 sqft
Price/sqft:$579
Beds:8
Baths:6
Year Built:—
Weight:25.8%
316 N Bixel St, Los Angeles, CA 90026
Sale: $1,235,000
11/7/2024 • 0.42 mi
Area:3,704 sqft
Price/sqft:$333
Beds:8
Baths:8
Year Built:—
Weight:25.5%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1445 Calumet Ave, Los Angeles, CA 90026 | $2,100,000 | 3,144 | $668 | 6,744 | — | 9/9/2024 | 7 | 7 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1445 Calumet Ave, Los Angeles, CA 90026 | $2,000,000 | 3,144 | $636 | 6,744 | 0.00 mi | 4/24/2025 | 7 | 7 | — | 48.7% | |
| 2011 Echo Park Ave, Los Angeles, CA 90026 | $1,695,000 | 2,928 | $579 | 8,148 | 1.33 mi | 10/4/2024 | 8 | 6 | — | 25.8% | |
| 316 N Bixel St, Los Angeles, CA 90026 | $1,235,000 | 3,704 | $333 | 3,276 | 0.42 mi | 11/7/2024 | 8 | 8 | — | 25.5% |
Nearby Listings
22 similar properties within 5 miles
List Price: $1,690,000
1030 Echo Park Ave, Los Angeles, CA 90026
8 bd 7 ba 2,924 sqft
TurboHome Est. Value:
$1,542,200
List Price: $2,100,000
1135 N Coronado St, Los Angeles, CA 90026
6 bd 6 ba 3,664 sqft
TurboHome Est. Value:
$2,033,500
List Price: $2,495,000
1915 Apex Ave, Los Angeles, CA 90039
6 bd 7 ba 2,923 sqft
TurboHome Est. Value:
$2,658,600
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