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$1,682,500
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Property Description
2405 Meadowvale Ave in Los Angeles CA, located in the Echo Park sub-market.The property is made up of two separate structures that each consist of (2) 2 Bedroom/1-Bathroom units totaling (4) units. 2405 Meadowvale Ave is situated in the City of Los Angeles, California, within the 90031 ZIP code area. The property has great value add opportunity with the possible addition of an ADU that will generate additional income. Buyer to conduct its own investigation to verify ADU feasibility. This property is currently being used as a short-term rental because of its location but can be leased long-term. Three of the 4 units have had extensive renovations, including stainless steel appliances and in-unit washer/dryer. It also has the option to be sold with 3 of the 4 units fully furnished. Three of the four units are currently vacant.
Full Property Details
Full Property Details for 2405 Meadowvale Ave
General
- Sold For: $1,682,500
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML81949757
- Added to Site: 765 day(s) ago
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Parking Features: Assigned Spaces
Location
- County: Los Angeles
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Electric, Wall Furnace
Utilities
- Sewer: Private Sewer
- Water: Private / Mutual
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Wood Frame
- Roof: Composition, Shingle
- Disability Access: Other
- Square Feet: 3,134
- Year Built: 1970
Unit Information
Unit 1
- Square Feet: 784
- Bedrooms: 2
Unit 2
- Square Feet: 784
- Bedrooms: 2
Unit 3
- Square Feet: 784
- Bedrooms: 2
Unit 4
- Square Feet: 784
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1149
- Minimum Lot Size: 5003
- Lot Size (Sq. Ft.): 5,003
- Building Sites: 2
- Zoning: LAR1
Listed by Compass, Ray Rodriguez and Compass, Tony Zizzo
Sold by Rcip, RECIP
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Schools
Schools serving 2405 Meadowvale Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Dorris Place Elementary School 2225 Dorris Place, Los Angeles, CA 90031 | K-6 | 0.3 mi |
Sotomayor Arts and Sciences Magnet 2050 North San Fernando Road, Los Angeles, CA 90065 | 9-12 | 0.8 mi |
Washington Irving Mid School Math Music and Engr Magnet 3010 Estara Avenue, Los Angeles, CA 90065 | 6-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2405 Meadowvale Ave
Date
Details
Price
Change
Source
4/15/2024
Sold
$1,682,500
1.97%
MLS
2/20/2024
Price Reduced
$1,650,000
-8.28%
MLS
1/29/2024
Price Reduced
$1,799,000
-10.01%
MLS
12/14/2023
Listed
$1,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2405 Meadowvale Ave, Los Angeles, CA 90031 (MLS# ML81949757) is a Multi-Family property that was sold at $1,682,500 on April 15, 2024. Want to learn more about 2405 Meadowvale Ave? Do you have questions about finding other Multi-Family real estate for sale in Elysian Valley? You can browse all Elysian Valley real estate or contact a Coldwell Banker agent to request more information.
