2314 2316 Elmgrove St Street, Los Angeles

$1,050,000

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4 Beds
2 Baths
1,659 Sqft
.12 Acre
1 Garage

Two vacant detached homes on one lot + a detached garage available in beautiful Frogtown, Elysian Valley, one of Los Angeles' hottest emerging neighborhoods. Potential to add a third/fourth unit making this an incredible income generating property nestled next to the scenic LA River bike path with the LA River revitalization underway. The front unit consists of 2 bedrooms and 1 bathroom while the back unit has 2 bedrooms and 2 bathrooms. The back unit has approved plans to be built into a 1,200 sqft 3 bedroom + 2 bathroom home. RTI plans available upon request. Elysian Valley's vibrancy, its proximity to Downtown LA, Atwater Village, Silver Lake, Echo Park, Glendale and the tranquility of the LA River will make you feel right at home. You are just a leisurely ride away from trendy establishments such as La Colombe Frogtown Cafe, Salazar, Frogtown Brewery, and many more. The bike path also connects you to Griffith Park and extends all the way to Long Beach, offering endless outdoor adventures. This property is perfect for investors, contractors, builders, or owner-users looking to capitalize on this dynamic location.

Essential Information

MLS® #
P1-17136
Price
$1,050,000
Bedrooms
4
Bathrooms
2.00
Full Baths
2
Square Footage
1,659
Acres
0.12
Year Built
1961
Type
Residential
Sub-Type
Duplex
Status
Active

Community Information

Address
2314 2316 Elmgrove St Street
Area
C21 - Silver Lake - Echo Park
City
Los Angeles
County
Los Angeles
Zip Code
90031
Senior Community
N

Community Features

Street Lights, Sidewalks, Urban, Biking, Dog Park, Park, Suburban, Water Sports

Amenities

Parking Spaces
1
# of Garages
1
View
Mountain(s), River
Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

Assigned, Direct Access, Garage

Garages

Assigned, Direct Access, Garage

Interior

Interior
Carpet, Tile
Interior Features
All Bedrooms Down
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Fireplaces
None
# of Stories
1
Stories
One

Additional Information

Date Listed
February 15th, 2024
Days on Market
38

Listing Details

Agent
Anna Knauf

Office

Coldwell Banker Hallmark Realty

Property History
Price Reduced from $1,075,000 to $1,050,000

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Anna Knauf - Coldwell Banker Hallmark Realty

Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 2:40am PDT. 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.