New price reduction of over $200,000! Priced to sell! TRUE VALUE ADD DEAL. This property consists of a strong unit mix of four 3 bedroom/2 bath units that are 1,250sqft each. 3 of the units will be delivered vacant (possibility to deliver fully vacant). There are 6 covered parking spots and 2 garages (8 total spots). Separately metered utilities. Easily get $3000-3500+ a month for each unit. It has a new roof (1.5 yrs old) and new tankless water heater (1.5 yrs old). A new owner would have the opportunity to add/increase value to this highly desirable and rarely seen investment offering right by Dodger Stadium with tremendous upside.
Listing provided courtesy of
Jacob Marc Kushner
, Marcus & Millichap
Gas Dryer Hookup
Additional Property Details
Number of Units
Number of Buildings
Gross Operating Income
Garage - 4+ Doors
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.
Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.
The information being provided by SoCalMLS® and/or CARETS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or associate who owns the web site.
Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.