• Open
  • Short-Term
  • Residential use
1856 Preston Ave,
Los Angeles, CA, 90026

Buildblock Score 9.8 Score

Purchase Price

995,000 (약 12.6 억원)

Expected Selling Price

1,600,000 (약 20.3 억원)

Beds

3

Baths

2

Property Size

1,644 sqft (46평)

Buildl Block investment strategy

Type

FLIP

It's a Duplex had 2 Unit with large window construction and an external deck to take full advatages of good sight from second floor. Also planning to install automatic gates for parking spcae to provide more spaces and fixing abandoned front yard to useful spaces can be a good investment point.

Property Type

Duplex

Bedroom

3

Bathroom

2

Built in

1912

Property Size

1,644 sqft (46평)

Land Size

3,199 sqft (89 평)

Parking

2 Attached Garage spaces

Heating

-

Cooling

-

Echo Park

Located northwest of LA downtown, Echo Park is also situated west of Silver Lake and east of Chinatown. The area has seen a rapid rise in home prices, with the median home price surpassing $1 million. The neighborhood was named one of the wealthiest neighborhoods in LA.

 

Beautiful lake, Echo Park

As one of the oldest lakes in LA, the name "Echo Park" was chosen because the city major heard echoes during the construction of the Echo Park. It is also one of the most beloved sites of the LA locals. The lake was used as sites for some movies as well.

 

Diverse cultures coexist

Located northwest of LA downtown, Echo Park is also situated west of Silver Lake and east of Chinatown. The place is one of the most beloved neighborhoods among artists due to its diversity and affordable rents. In particular, Elysian Heights located north of the area is known as the most affluent areas in Echo Park.

School Name Rating
Grades : K-6 Elysian Heights ES Arts Magnet 5 / 10
Grades : 6-8 Thomas Starr King Middle School 6 / 10
Grades : 9-12 Belmont Senior High School 3 / 10

Properties near 1856 Preston Ave
Neighborhood property
1886 Lake Shore Ave
0.3 mi
1,494,750
(약 18.9 억원)
(Jan. 28, 2022 Sold)
847 sqft
(23 평)
2 Beds / 1 Baths
5,174 sqft
(145 평)
1924
Neighborhood property
1722 Ashmore Pl
0.2 mi
1,600,000
(약 20.3 억원)
(Feb. 10, 2022 Sold)
759 sqft
(21 평)
2 Beds / 2 Baths
7,832 sqft
(220 평)
1937
Neighborhood property
1843 Echo Park Ave
0.1 mi
1,605,000
(약 20.3 억원)
(Dec. 14, 2021 Sold)
1,693 sqft
(47 평)
3 Beds / 3 Baths
5,989 sqft
(168 평)
1911

Estimated Selling Price : 1,600,000

Date Event Price
2022-03-18 Sold 995,000
2022-02-18 Pending sale 995,000
2021-05-10 Price change 995,000
2021-01-25 Listed for sale 1,000,000
2017-01-02 Listing removed 960,000
2016-06-16 Listed for sale 960,000
2000-06-13 Sold 158,000

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