Rare opportunity to purchase 2 adjacent 6-unit buildings. Each building has 2 two bedroom units and 4 one bedroom units. All units completely remodeled w/ new doors, flooring and double pained windows. Laundry facility on the premises and enclosed parking. Non-rent controlled beach city. Very well maintained buildings less than 2 miles from the Pacific Ocean. Highly desirable beach community, close to schools, retail shops, restaurants, parks and the beach! Strong Capitalization on Future Income w/ strong year-to-year appreciation. Each building is offered for sale at $2,299,000.
Listing provided courtesy of
, RE/MAX Estate Properties
Additional Property Details
Biography: Known for its iconic lotus-covered lake, which has dramatic views of the Los Angeles skyline, Echo Park is an urban community that is known for attracting creative types seeking a home in the heart of everything.
Real Estate: Echo Park plays an early role in Los Angeles’ history and features many stately older homes. Echo Park real estate is varied and includes apartments, single family and multi-family residences. The neighborhood of Angelino Heights is famous for its Victorian homes. Newer urban lofts and developments are starting to pop up throughout the area including along Sunset Boulevard.
Community Life: Echo Park is packed with restaurants old and new, independent retail boutiques, art galleries and nightlife especially in the Sunset Boulevard area. Residents can get a great workout climbing some of Echo Park’s many steep staircases. The Friday evening farmers market always attracts a lively crowd.
Education: Echo Park is served by the Los Angeles Unified School District and local schools included Elysian Heights Elementary, Clifford Street Elementary, and Logan Street Span School. Private schools include Golden West Christian and Baxter Montessori.
Transportation: This area is surrounded by the 2, 5, 110 and 101 freeways and has many bus lines and public transportation options.
Local Attractions: The lake is a major attraction and is home to many festivals and events throughout the year. Echo Park also borders Elysian Park and Dodger Stadium. Early moviemaking took place in the area known as Edendale which spanned Silver Lake and Echo Park.
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