1036 Laguna Avenue, Los Angeles, CA 90026
Opportunity knocks for first-time home buyers and developers alike! This small starter home is on the border of Angelino Heights and Echo Park Lake, just south of Sunset and just north of the 101-Freeway. This means this property is located in one of the most desirable neighborhoods in Southern California...
The home, incredibly, is walking distance to both the $60M renovated Echo Park Lake and Sunset's stores and restaurants, which continue to open and/or expand at a rapid pace. And 1036 Laguna is located just off the Echo Park off ramp / on ramp, making access to Downtown Los Angeles and Hollywood incredibly efficient.
If the location weren't enough, the property's lot is completely underutilized with alley access at the top of the lot and plenty of room for additions, possible development or just smart and lush terraced gardens. Also untapped are the incredible views the new owner will have of Echo Park Lake, Echo Park's rolling green hills, and LA's dramatic palm tree skyline.
While the home itself is charming, below it are four large garages. The house is definitely going to need your vision and TLC to call it home or to make it an awesome flip (we'd love to re-list it for you)! There are original 1920s details that have been neglected for far too long, but are waiting for the right buyer to make them pop like brand-new.