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597 Cypress Ave, Los Angeles, CA 90065
$1,455,000
597 Cypress Ave, Los Angeles, CA 90065View this property at 597 Cypress Ave, Los Angeles, CA 90065
597 Cypress AveLos AngelesCA90065
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Property Description
Welcome to a rare completely updated VACANT fully permitted 3 bed 2 bath (each) duplex opportunity poised at the scenic base of Mt Washington in the highly sought-after, trending Cypress Park neighborhood. This invitation extends to investors and eager owner-users ready to embrace a lifestyle where luxury meets income potential. Enveloped within a generous 10,000+ sq foot corner lot, the property showcases two nearly identical, side-by-side units, each a spacious 3 bedroom, 2 bathroom home, meticulously renovated with an eye for style and modern convenience. The front yard, mature and inviting, sets the stage for the elegance within. The open floor plan, flooded with natural light, romantic fireplace, facilitates a graceful flow from the expansive living area to the dining space, ready to accommodate gatherings large and small. The kitchens stand as a testament to thoughtful design, featuring quartz countertops, custom backsplashes, and center islands that provide not just ample space for culinary pursuits but also house a built-in wine fridge along w/ new stainless steel appliances. A nod to the connoisseur's taste. Gold fixtures gleam against the shaker cabinets, resonating with the sophistication of the door handles and kitchen hardware, creating a cohesive and luxurious aesthetic. The bathrooms boast custom designer tiles, new vanities, and modern fixtures with gold accents that complement the kitchens' upscale ambiance. Bedrooms offer a sanctuary of calm, with generous proportions and abundant closet space. Both units boast impressive primary suites w/ access via sliding door to the outdoor space. Attention to detail is evident throughout, with new flooring, windows, recessed lighting, and a fresh coat of paint both inside and out. The practical updates are comprehensive, including modern electrical/plumbing systems, a newer sewer line, air conditioning units, and a well-maintained roof. The corner lot's potential is as expansive as its grounds, with plenty of parking and space to introduce an Accessory Dwelling Unit (ADU) for added income. The sizable outdoor areas invite the possibility of terraced gardens and private entertainment spaces, complemented by the mature landscaping. Located in the vibrant heart of northeast LA, the duplex promises a lifestyle of convenience and elegance. With the latest updates, including the coveted kitchen islands and the luxurious touch of gold fixtures, this property is poised to command a high rental yield. This investment is not just a property; it's a lifestyle choice, a chance to establish a sophisticated home in one of LA's most dynamic communities. Perfect for both first-time buyers and seasoned investors, this duplex represents a significant value-add and equity opportunity. Act now, as this exquisitely re-imagined property is set to be a sought-after jewel in Cypress Park. Walk-able to restaurants, bars, & a stones throw to Highland Park & DTLA. Quintessential NELA living at its finest.
Full Property Details
Full Property Details for 597 Cypress Ave
General
- Sold For: $1,455,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-329673
- Added to Site: 209 day(s) ago
Interior
- Rooms/Areas: Master Bedroom, Living Room, Dining Area
- Interior Features: Open Floor Plan, Recessed Lighting, Turnkey
- Cooking Appliances: Convection Oven, Range Hood, Range
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Bathroom Features: Remodeled
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Driveway, Garage - 2 Car
Location
- Area: Cypress Park
- County: Los Angeles
- Driving Directions: Off of Figueroa and Cypress.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 2
- Architectural Style: California Bungalow
- Common Walls: Attached
- Stories/Levels: 0
- Square Feet: 2,224
- Sq. Ft. Source: Owner
- Year Built: 1922
- Year Built Source: Vendor Enhanced
- Property Condition: Updated/Remodeled
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Property View: Other
- Lot Size (Acres): 0.2298
- Lot Size: 10009
- Lot Size Source: Vendor Enhanced
- Lot Features: Corner Lot
- Zoning: LAR1
- Lot Description: Fenced Yard, Fenced, Front Yard, Yard
Financial Considerations
- Price Per Sq. Ft.: $663.17
- Assessment Year: 1922
Disclosures and Reports
- Inclusions: Existing appliances.
- Disclosures/Reports: As Is
- APN: 5446-006-001
Listed by Division One Investment & Loan Inc, Rosa A. Garcia
Sold by Division One Investment & Loan, Rosa Garcia
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Schools
Schools serving 597 Cypress Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3408 Arroyo Seco Ave, Los Angeles, CA 90065 | K-5 | 0.3 mi | |
3311 N Figueroa St, Los Angeles, CA 90065 | 6-8 | 0.1 mi | |
3501 N Broadway, Los Angeles, CA 90031 | 9-12 | 1.4 mi | |
820 N Avenue 54, Los Angeles, CA 90042 | 9-12 | 2.3 mi | |
4500 Multnomah St, Los Angeles, CA 90032 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 597 Cypress Ave
Date
Details
Price
Change
Source
1/05/2024
Sold
$1,455,000
-1.35%
MLS
11/07/2023
Listed
$1,474,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
597 Cypress Ave, Los Angeles, CA 90065 (MLS# 23-329673) is a Multi-Family property that was sold at $1,455,000 on January 05, 2024. Want to learn more about 597 Cypress Ave? Do you have questions about finding other Multi-Family real estate for sale in Cypress Park? You can browse all Cypress Park real estate or contact a Coldwell Banker agent to request more information.