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597 Cypress AVE Los Angeles, CA 90065
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Key Details
Sold Price $1,455,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $654
MLS Listing ID 23329673
Sold Date 01/05/24
Bedrooms 6
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1922
Lot Size 10,010 Sqft
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.
Location
State CA
County Los Angeles
Area Cypk - Cypress Park
Zoning LAR1
Interior
Interior Features Open Floorplan, Recessed Lighting
Fireplaces Type Bath, Kitchen, Living Room, Primary Bedroom
Fireplace Yes
Appliance Convection Oven, Dishwasher, Disposal, Range, Range Hood
Laundry Inside
Exterior
Garage Door-Multi, Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Gated
View Y/N Yes
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard, Yard
Entry Level One
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5446006001
Security Features Gated Community
Special Listing Condition Standard
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Bought with Rosa Garcia • Division One Investment & Loan