Exceptional opportunity to purchase a fully occupied five-unit apartment complex comprised of 600 sqft 1 bed 1 bath units in the heart of Echo Park, one of Los Angeles' most vibrant and rapidly evolving neighborhoods. This well-maintained property offers investors peace of mind from day one. Situated on 5,200 sqft… Read More lot, the property presents significant long-term development potential. Whether you hold for income or reposition for future value, this asset combines both stability and upside. Located just minutes from Sunset Boulevard, DTLA, and Silver Lake, the property enjoys strong rental demand and an unbeatable urban lifestyle appeal. This is a rare chance to secure a cash-flowing asset in a premier location with future development possibilities. Ideal for seasoned investors and those looking to enter the multifamily market. Read Less
Courtesy of Berkshire Hathaway HomeServices California Propert 310-777-7800
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,208
Lot Size
0.12 Acres
Year Built
1914
MLS Number
25578833
30 Days Snapshot Of 90026
$1.48M
-16%
(avg) sold price
15
-6%
homes sold
71
+57%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven, Freezer, Refrigerator
Building
2,208 sq ft, Built in 1914, Levels: One, Bungalow
Cooling
Wall Unit(s), Wall/Window
Disclosures
None
Garage
Carport, Driveway Gate
Heating
Natural Gas
Lot
LotAcreage: 0.1176, LotSizeArea: 5,121
Parking
TotalParking: 2
Property
NumberOfUnits: 5, Zoning: LACW
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