Nothing but good vibes at this beautiful live/work/invest property perched at the top of Elysian Heights. The versatile property consists of a light and bright 3 bed / 1 bath main house, a permitted and vacant 1 bed / 1 bath ADU, and a converted garage that makes a perfect home office. The main house features an open floorplan, vaulted ceilings, updated kitchen & bath, plus a primary bedroom with peaceful views and walk-in closet. You can look forward to enjoying your morning coffee on the charming front porch or after a hard day you can unwind with a glass of wine on the side patio. Below the main home is a spacious (750 sq.ft.) rental unit that was previously rented for $2,500 per month. This rental income could offset approximately $400,000 of your loan! Or, keep the unit as a comfortable guest suite for out-of-town visitors/in-laws, or perhaps try to maximize your return by making it into a short-term rental (or home-stay exchange). The 170 sq.ft. detached garage has been thoughtfully converted into a tranquil space that lends itself to someone with an at home practice (i.e. therapy, yoga, Pilates, art, etc.). There is also great storage on the property with an additional 170 sq.ft. laundry room and over 200 sq.ft. of basement space. The property is sited on a prime corner lot that not only provides wonderful views but also privacy as you are situated above your neighbors. You will quickly fall in love with this vibrant Echo Park neighborhood where you can grab an iced latte at Canyon Coffee after hiking in Elysian Park or perhaps you can try the famous Cacio e Pepe at Baccetti Trattoria for a fun night out. The possibilities are endless!
Property Details
Price:
$1,395,000
MLS #:
25557507
Status:
Active
Beds:
4
Baths:
2
Address:
1631 Champlain Terrace
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Jun 26, 2025
State:
CA
Finished Sq Ft:
1,952
ZIP:
90026
Lot Size:
2,994 sqft / 0.07 acres (approx)
Year Built:
1906
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Schools
School District:
Los Angeles Unified
Interior
Appliances
Dishwasher, Disposal, Refrigerator, Gas Cooktop, Gas Oven
Fireplace Features
Decorative, Guest House
Heating
Combination
Interior Features
Cathedral Ceiling(s), Open Floorplan
Exterior
Fencing
Chain Link
Parking Spots
0.00
Pool Features
None
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
View
City Lights, Hills
Financial
Map
Community
- Address1631 Champlain Terrace Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
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1631 Champlain Terrace
Los Angeles, CA
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