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1889 Lemoyne St, Los Angeles, CA 90026

Sale Price: $2,030,000
Feb 14, 20243,640 sqft8 beds4 baths
Listed by: Steve Flores
License #: 01272369
Phone #: 323-356-3007
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 24357979

Property Description

Trophy Property....A rare opportunity to own an income property in one of LA's hottest neighborhoods. Spectacular and secluded mid-century 4plex set high in the hills on a large lot north of Sunset in Echo Park. Magnificent views of downtown, Griffith Park Observatory and the Hollywood sign. The building provides one large 3 bedroom, 2-bathroom unit; three more units each have 2 bedrooms and 1 bathroom. These apartments feature sensible floor plans and amenities that include separate water heaters for each unit and a convenient laundry room. Unit #4 also has a large, permitted deck right off the kitchen and living room. Great outdoor space with two separate patios, all set on a beautiful hillside with black walnut trees, oranges, and figs. Residents enjoy an easy commute to nearby Glendale, Burbank and Downtown LA. Great rental income with room for improvement. Do not disturb occupants. Unit 3 is now vacant ant can be delivered as such. Huge storage space under garage that may be used as a studio.
Assignment
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Kevin Kretzmer
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

TurboHome Savings

$29,979

TurboHome Estimated Value

$2,024,300

$556 sqft

High Valuation
$2,125,515
$584/sqft
Normal Valuation
$2,024,300
$556/sqft
Low Valuation
$1,923,085
$528/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$556/sqft$2,024,300

Neighborhood: Echo Park

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Comparative Value

$1.45M

$1.52M

$2.03M

$2.71M

2241 Ewing St, Los Angeles, CA 90039

Sale Price: $1,445,000

Selected Comparable

1421 Waterloo St, Los Angeles, CA 90026

Sale Price: $1,450,000

Selected Comparable

2106 Valentine St, Los Angeles, CA 90026

Sale Price: $1,525,000

Selected Comparable

1889 Lemoyne St, Los Angeles, CA 90026

Sale Price: $2,030,000

Selected Comparable

1889 Lemoyne St, Los Angeles, CA 90026

List Price: $2,050,000

Subject Property

743 N Occidental Blvd, Los Angeles, CA 90026

Sale Price: $2,715,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1889 Lemoyne St, Los Angeles, CA 90026

1889 Lemoyne St, Los Angeles, CA 90026

List: $2,050,000

Listed: 2/14/2024

Area:3,640 sqft
Price/sqft:$563
Beds:8
Baths:4
Year Built:
Lot Size:7,686

Comparable Properties

COMPARABLE
Choose comps
1889 Lemoyne St, Los Angeles, CA 90026

1889 Lemoyne St, Los Angeles, CA 90026

Sale: $2,030,000

9/26/20240.00 mi

Area:3,640 sqft
Price/sqft:$558
Beds:8
Baths:4
Year Built:
Weight:24.1%
2241 Ewing St, Los Angeles, CA 90039

2241 Ewing St, Los Angeles, CA 90039

Sale: $1,445,000

1/31/20250.43 mi

Area:3,492 sqft
Price/sqft:$414
Beds:8
Baths:4
Year Built:
Weight:22.9%
1421 Waterloo St, Los Angeles, CA 90026

1421 Waterloo St, Los Angeles, CA 90026

Sale: $1,450,000

7/22/20250.66 mi

Area:3,457 sqft
Price/sqft:$419
Beds:8
Baths:5
Year Built:
Weight:21.7%
2106 Valentine St, Los Angeles, CA 90026

2106 Valentine St, Los Angeles, CA 90026

Sale: $1,525,000

5/9/20250.39 mi

Area:3,258 sqft
Price/sqft:$468
Beds:7
Baths:4
Year Built:
Weight:18.9%
743 N Occidental Blvd, Los Angeles, CA 90026

743 N Occidental Blvd, Los Angeles, CA 90026

Sale: $2,715,000

8/27/20241.24 mi

Area:4,058 sqft
Price/sqft:$669
Beds:7
Baths:5
Year Built:
Weight:12.5%

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