Grab a pen. You’ll want to note how this vintage Spanish fixer in Echo Park offers mad potential.
#1. The location. (This real estate rule never dies.)
The home is on one of the best streets in Elysian Heights, considered by many as the crème de la crème of Echo Park.
Nature lovers will enjoy Elysian Park, the wild oasis in the city.
It’s so close to Fix Coffee that you might never make another double-shot latte again. Valerie Bakery is also just a short distance away. And Cookbook, a “green grocer specializing in responsibly grown and super tasty meat, cheese, bread, fruit, vegetables, coffee, and chocolate,” is just down the street.
Sidenote: Cookbook has the best bacon. Ever.
#2. It has good bones (an essential consideration for any fixer scenario.)
From the hardwood floors to the barrel ceilings in the living room and the original casement windows, many of the circa 1927 details are still intact.
#3. The setting.
This fixer home is sited on a lush hilly corner lot offering meandering pathways surrounded by mature succulent gardens, multiple seating areas, and stunning canyon, mountain, and city light views.
#4. Future Expansion.
We know life changes. And maybe now, it’s just you or you and your boo. So, the house with a coat of White Heron paint by Benjamin Moore and some tweaks in the kitchen and bathroom works just fine.
But let’s say somewhere in your future; you find yourself welcoming the pitter-patter of little feet. The lot size measures 6,384 square feet, making future expansion viable.
Also, with R2 zoning, you might be able to build an entire studio that functions as a home office or an Airbnb rental.
With a list price of $799,000, this gem is priced to attract multiple offers and fly out the door at a much higher price.
Listing courtesy of Sarah & Joe Reichling – Sotheby’s International Realty