Los Angeles, CA 90031,2405 Meadowvale Ave
Los Angeles, CA 90031,2405 Meadowvale Ave
Los Angeles, CA 90031,2405 Meadowvale Ave
45
See all 45 photos
$2,688,000
Est. payment /mo
Save
8 BD
8 BA
3,134 SqFt
Open Tue 11AM-1PM

2405 Meadowvale Ave Los Angeles, CA 90031

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
15
Jan
Thu
16
Jan
Fri
17
Jan
Marlyn Kamibayashiyama

Marlyn Kamibayashiyama

+1(702) 325-8918

OPEN HOUSE

Tue Jan 21, 11:00am - 1:00pm

UPDATED:

01/13/2025 11:55 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,134 sqft

Price per Sqft $857

MLS Listing ID 25-481675

Style Modern

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1970

Lot Size 5,003 Sqft

Acres 0.1149

Property Description

Embrace LA's most coveted emerging neighborhood with this beautifully redeveloped 4-unit property in the heart of Frogtown. This vibrant riverside community has seen property values skyrocket since 2017, yet remains poised for unprecedented growth with less than 20% of its residential sector developed to modern standards.Each unit has been completely transformed into spacious 2-bed/2-bath layouts, featuring newly installed central heating and air conditioning, energy-efficient windows, and designer kitchens with premium appliances. Modern vinyl plank flooring flows throughout, complemented by fresh interior and exterior paint. A distinctive touch: individually colored entry doors matching dedicated parking spaces enhance the property's artistic curb appeal, resonating with Frogtown's creative character.Annual gross rental income approaches $200,000, with a strong 5.7% cap rate. The versatile 2-bed/2-bath configurations attract quality long-term tenants, from young professionals to small families. Located minutes from downtown LA, Dodger Stadium, and Silver Lake, residents enjoy easy access to major freeways while being steps from the LA River's extensive bike paths.The neighborhood's evolution continues as recent data shows local household incomes climbing 11.9% in 2022, as the area draws increasingly affluent residents. This turnkey investment combines immediate strong returns with substantial upside potential in one of LA's most dynamic emerging neighborhoods.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR1

Rooms

Family Room 1

Other Rooms None

Dining Room 0

Kitchen Counter Top, Open to Family Room, Laminate Counters

Interior

Interior Features Drywall Walls, Crown Moldings, Open Floor Plan, Recessed Lighting

Heating Wall

Cooling Air Conditioning

Flooring Vinyl Plank

Fireplaces Type Electric

Equipment Microwave, Dishwasher, Refrigerator, Range/Oven, Hood Fan, Water Line to Refrigerator, Freezer

Exterior

Parking Features Assigned, Carport Detached, Uncovered

Garage Spaces 4.0

Pool None

Amenities Available None

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Handicap Access None

Building

Lot Description Fenced Yard, Yard, Landscaped, Front Yard, Back Yard

Story 2

Foundation Slab

Sewer In Street

Water Meter on Property, Water District

Architectural Style Modern

Level or Stories Two

Structure Type Stucco

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by NDA Real Estate

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

2405 Meadowvale Ave