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1632 Cerro Gordo St
Los Angeles, CA 90026
Two House Garden Compound
Offered at $959000
Sold for $$1,020,000
Status: Sold
Status Date: June 01, 2015
Type: Income
Bedrooms: 4
Baths: 3
Living Area: 2900 Square Ft.
Lot Size: 6106


SOLD IN MULTIPLE OFFERS AND OVER THE ASKING PRICE

Gated compound on corner lot atop prime Elysian Heights. Two separate houses in garden setting. Corner house a 2 bedroom, 1 bath Mid Century with hardwood floors, private yards and large patio. Second structure below facing Vestal Ave was rebuilt in 2004 and is being used as a duplex. Upper portion is a 1 bedroom, 1 bath two stories loft with open floor plan, hardwood floors and a large balcony deck with views of Downtown skyline. The lower portion is a 1 br, 1 bath basement apartment occupied by the owner. This is a great opportunity for owner user or investor alike to acquire very a unique property with upside in rents. Buyer to cooperate with sellers 1031 Tax Exchange.

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