1631 Champlain Terrace, Los Angeles, CA 90026

Nothing but good vibes at this beautiful live/work/invest property perched at the top of Elysian Heights. The versatile property consists of a light and bright 3 bed / 1 bath main house, a permitted and vacant 1 bed / 1 bath ADU, and a converted garage that makes a perfect home office. The main house features an open floorplan, vaulted ceilings, updated kitchen & bath, plus a primary bedroom with peaceful views and walk-in closet. You can look forward to enjoying your morning coffee on the charming front porch or after a hard day you can unwind with a glass of wine on the side patio. Below the main home is a spacious (750 sq.ft.) rental unit that was previously rented for $2,500 per month. This rental income could offset approximately $400,000 of your loan! Or, keep the unit as a comfortable guest suite for out-of-town visitors/in-laws, or perhaps try to maximize your return by making it into a short-term rental (or home-stay exchange). The 170 sq.ft. detached garage has been … read more …