We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849-2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot long driveway to the rear of the property where they have access to 4 carport spaces. The structure was built in 1996, possibly making it exempt from the Los Angeles Rent Stabilization Ordinance (RSO/ "Rent Control"), buyer to verify. [Both units are 100% occupied and to be sold with residents - total yearly gross on current $41,064. Over 70% upside left.] The duplex could be purchased as a portfolio with 200-208 N Reno St. or offered individually at $650,000.
| MLS # | 26686469 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1996 |
| Days On Site | 146 |
| Listing Provided By | Sotheby's International Realty | Matthew Maun |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,536 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.11 |
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Security Features | Gated Community |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Detached Carport |
| Sewer | Other |
|---|
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,250,000 low | high Med: $1,698,750 sqft: 2,536 low | high Med: 5,018 $ / sqft: $493 low | high Med: $443 On site: 146 low | high Med: 378.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,250,000 low | high Med: $1,698,750 sqft: 2,536 low | high Med: 5,018 $ / sqft: $493 low | high Med: $443 On site: 146 low | high Med: 378.5 | |
![]() | $1,250,000200 N Reno StreetLos Angeles, CA 90026 |