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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,150,000

Est. payment - /mo

2 Beds

2 Baths

1,241 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,241 sqft

Price per Sqft $926

MLS Listing ID DW26072000

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1903

Lot Size 8,076 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to 1316 Allesandro St, a beautifully updated property offering exceptional value in today's market. With a projected value of approximately $1.25M, this home is strategically priced at $1,150,000 to reflect its current condition and provide immediate upside for the right buyer. The property has already undergone key updates, creating a solid foundation for your final touches. Featuring a generous lot size for the area, this home offers excellent potential for expansion, outdoor enhancements, or maximizing long-term value.
Important Note: The property is currently missing an electrical meter. Estimated cost to install a new meter is approximately $50,000 or less, making this a manageable improvement relative to the built-in equity.
This is a cash-only opportunity, ideal for investors, developers, or savvy buyers looking to capitalize on a well-located asset with strong upside potential.
Sold As-Is.
Don't miss your chance to secure a property with immediate equity and room to grow in a desirable Los Angeles location.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Rooms

Main Level Bedrooms 2

Interior

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs, Street Lights

View Y/N Yes

View City Lights, Neighborhood

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5424029005

Acceptable Financing Cash, Cash to Existing Loan, Private Financing Available

Listing Terms Cash, Cash to Existing Loan, Private Financing Available

Special Listing Condition Standard

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Listed by Ixbalanque Garcia Won Suk Kim Real Estate, Inc. 323-202-5885, DRE #02035537

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1316 Allesandro Los Angeles, CA 90026