I'm pleased to present five (5) stand-alone cottage units located at 966 W. Kensington Road in Los Angeles, California. The subject property is located in a solid Echo Park location, south of Sunset Blvd. and east of Echo Park Blvd. This well-maintained property offers an excellent unit mix of two… Read More (2) two-bedroom and 3 (three) one-bedroom units, all separately metered for electricity and gas, on a spacious 8,464 SF lot. This property is a prime value-add opportunity, especially with SB1211 allowing for potential ADU conversions in the garage or rear parking lot. Tenants enjoy a gated and secure environment, lush, landscaped front yard, and on-site parking with four (4) dedicated spaces. Recent improvements include a new roof and HVAC system on all five (5) units. Front four (4) units have brand new tankless water heaters, new floor, new kitchen cabinets, new counter tops, new stove, new sink, new windows throughout each unit and new exterior paint. Situated on a quiet street just off Laveta Terrace, the property boasts walkable access to local hotspots like La Fe, Monty's Good Burger, Woodcat Coffee, A Ti, and Echo Park Eats. This is a rare chance to invest in a stable asset with long-term growth in a highly desirable Los Angeles neighborhood. With strong rental upside and potential for ADU conversion under SB1211, this property offers a rare investment opportunity in a prime Echo Park location poised for continued growth. First time on market in 49 years. Read Less
Courtesy of Nourmand & Associates-HW 323-462-6262
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,106
Lot Size
0.19 Acres
Year Built
1922
MLS Number
26651695
30 Days Snapshot Of 90026
$1.47M
-9%
(avg) sold price
7
+75%
homes sold
93
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
3,106 sq ft, Built in 1922, Levels: One, Two, Detached/No Common Walls, California Bungalow
Cooling
Wall Unit(s)
Disclosures
As Is
Fireplaces
None
Floors
Hardwood
Garage
Driveway
Heating
Wall
Laundry
None
Lot
LotAcreage: 0.1944, LotSizeArea: 8,466, Front Yard, Landscaped, Street Paved, Street Lighting, Street Concrete, Curbs
Miscellaneous
None
Parking
TotalParking: 4
Pool
PoolYN: False, None
Property
NumberOfUnits: 5, ViewDescription: City, ViewYN: 1, Zoning: LARD2
Roof
Composition, Shingle
Sewer
In Street, In Street Paid
Spa
Has spa, None
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