1607 Campus RD Los Angeles, CA 90041
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,282 sqft
Price per Sqft $648
MLS Listing ID OC25184393
Bedrooms 4
Full Baths 3
Construction Status Fixer
HOA Y/N No
Year Built 1927
Property Sub-Type Single Family Residence
Property Description
INVESTMENT OVERVIEW:The property offers extraordinary income flexibility with its current two-unit configuration & significant future development potential. Owner-occupy the main residence while generating rental income from the permitted attached unit, convert to student housing for Occidental College's consistent rental market, or lease all units separately to maximize returns. The large detached two-car garage presents outstanding opportunities for ADU and JADU conversion subject to city approvals allowing you to add income-generating units that will dramatically boost your ROI.
THE MAIN RESIDENCE:Three-bedroom, two-bathroom residence with classic LA architectural character awaiting remodel. Spacious formal living & dining rooms flow into the kitchen with adjacent breakfast area. Three bedrooms, two full baths, and laundry room. This property needs cosmetic work and modernization, creating an excellent value-add opportunity to force appreciation through strategic improvements.
PERMITTED ATTACHED CASITA: flexible dual-access design. The ground floor offers a versatile bonus room with private entrance, perfect as a fifth bedroom, office, or Living room with kitchenette. Upstairs is a one-bedroom suite with full bath. This unit connects to the main home via interior door while maintaining independent exterior access for maximum flexibility.
Situated within walking distance to Occidental College, this property combines residential tranquility with easy access to Highland Park's vibrant cultural and dining scenes. The generous lot accommodates multiple parking spaces with excellent entertaining and expansion possibilities. An exterior patio with open-style kitchen setup provides an outstanding canvas for upgrades.
With strong bones, prime location, and limitless potential for value creation through renovation and development, this represents a rare opportunity to build wealth. The assumable solar system at only $187 monthly adds another layer of value.
Acquire this value-add investment property priced for quick close with immediate equity, proven income potential, and a clear path to building generational wealth. Bring your vision and your best offer.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Zoning LAR1
Rooms
Other Rooms Guest House, Guest HouseAttached
Main Level Bedrooms 3
Interior
Interior Features Separate/Formal Dining Room, In-Law Floorplan, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Door-Single, Driveway, Garage, See Remarks
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N No
View None
Roof Type Tile
Accessibility Safe Emergency Egress from Home
Porch Covered, Open, Patio
Total Parking Spaces 6
Private Pool No
Building
Lot Description Street Level
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories One
Additional Building Guest House, Guest HouseAttached
New Construction No
Construction Status Fixer
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5474006006
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Special Listing Condition Trust
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