Calling all investors or someone that wants a beautiful hillside home that has amazing income generating units to offset mortgage. Nestled in the heart of Echo Park, 1933 Lemoyne St offers a unique investment opportunity. This multi-family property comprises a triplex and two additional unpermitted Accessory Dwelling Units (ADUs), totaling eight bedrooms and eight bathrooms across approximately 4,500 square feet of living space. Each unit has been thoughtfully updated to blend modern amenities with classic charm. Currently generating a monthly rental income of $25,200, this property promises immediate cash flow. Development Opportunity: The property includes an additional lot measuring 2,812.5 sq ft, expanding the total lot size to approximately 11,777.5 sq ft. With the enactment of California’s Senate Bill 9 (SB 9), there’s potential to split the lot and develop additional units, subject to local zoning regulations. The property offers four dedicated parking spots, a valuable amenity in this bustling neighborhood. Prime Location located in the vibrant Echo Park hills neighborhood, residents enjoy proximity to trendy cafes, boutique shops, scenic parks, and a thriving arts scene. The property’s central location provides easy access to Downtown Los Angeles and major freeways.
Property Details
Price:
$4,750,000
MLS #:
25498583
Status:
Active
Baths:
0
Address:
1933 Lemoyne Street
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Feb 14, 2025
State:
CA
ZIP:
90026
Lot Size:
8,968 sqft / 0.21 acres (approx)
Year Built:
1925
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Schools
Interior
Appliances
Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Oven, Gas Range
Fireplace Features
Electric
Flooring
Laminate
Heating
Central
Interior Features
Brick Walls
Exterior
Exterior Features
Koi Pond
Foundation Details
Slab
Lot Features
Back Yard, Front Yard, Landscaped
Parking Features
Concrete
Parking Spots
4.00
Pool Features
Fenced
Security Features
Carbon Monoxide Detector(s), Gated Community
Sewer
Other
Stories Total
4
View
City Lights, Hills
Financial
Map
Community
- Address1933 Lemoyne Street Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
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1933 Lemoyne Street
Los Angeles, CA
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