2136 Lemoyne ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,209 sqft
Price per Sqft $950
MLS Listing ID 25572545
Bedrooms 5
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1924
Lot Size 7,505 Sqft
Lot Dimensions Assessor
Property Description
Echo Park Duplex Renovated, Tenant-Occupied, and Investor-Friendly with ADU Upside Potential. Strong investment opportunity in one of Los Angeles' most appealing rental markets. With pro forma cap rate of 5.54%, this renovated Echo Park duplex delivers income in place with month-to-month tenants, low-maintenance ownership from over $350,000 in improvements, and clear upside with a spacious two-car garage suitable for ADU conversion or additional living space. Set on a low-maintenance, natively landscaped hillside lot in Elysian Heights, the property includes two fully detached units, each on month-to-month leases, providing investors with both income and flexibility. Over $350,000 in capital improvements have been completed, including updated electrical, plumbing, and sewer line, renovated kitchens and baths, central HVAC, tankless water heaters, energy-efficient windows and insulation, a new driveway, exterior and interior paint, and full landscaping.The front unit is a classic 1920s Craftsman featuring two bedrooms, one and a half baths, a bonus office, a gas fireplace, an updated kitchen with adjoining laundry, and a private shaded patio. The rear unit is a detached two-story home with two bedrooms plus a large downstairs bonus room or guest suite with its own bath, ideal as a third bedroom or studio. It also includes direct access to a covered patio and a fenced backyard with mature fruit trees. Both units feature their own garage along with additional off-street parking, an attractive amenity for tenants.This property offers a rare combination of immediate cash flow, pride-of-ownership condition, and long-term upside. Perfect for investors seeking stable rental income, a value-add opportunity, a 1031 exchange, or future owner-occupancy with rental income already in place.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR1
Rooms
Other Rooms Guest House
Interior
Interior Features Ceiling Fan(s)
Heating Central,Space Heater
Flooring Tile,Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher,Gas Cooktop,Gas Oven,Refrigerator,Range Hood,Dryer,Washer
Laundry Inside,In Kitchen,Laundry Room
Exterior
Parking Features Covered,Door-Multi,Driveway Down Slope From Street,Driveway,Garage,Garage Door Opener,Guest,One Space,Uncovered
Garage Spaces 2.0
Garage Description 2.0
Pool None
View Y/N Yes
View City Lights,Canyon,Hills,Trees/Woods
Roof Type Shingle
Porch Rear Porch,Concrete,Covered,Deck,Front Porch,Open,Patio,Wood
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard,Front Yard,Landscaped,Yard
Faces North
Story 2
Entry Level One,Two
Foundation Raised
Sewer Other
Architectural Style Craftsman
Level or Stories One,Two
Additional Building Guest House
New Construction No
Construction Status Updated/Remodeled
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5420018025
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Conventional,Owner Will Carry,Owner May Carry,Submit
Listing Terms Cash,Conventional,Owner Will Carry,Owner May Carry,Submit
Financing Cash,Conventional
Special Listing Condition Standard
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