Incredible Investment opportunity to own a lovely 5-unit complex + 2 non-conforming units situated in a great area of Echo Park. This property boasts a spacious four-bedroom craftsman house (2,283) and four spacious, renovated studio's (2,520). The garage and basement of the Single Family home… Read More has been converted to into 2 non-conforming Bachelor units. The property offers a LARD5 lot for future potential development, a coin-operated laundry space, separate meters for both gas and electric, copper plumbing, updated electrical system, tankless water heater, and newer roof. Property has been well maintained by current owners. LA Metro station close by and 101 Freeway is a short distance. Buyer to verify square footage. Consider this a good cash-flowing asset. Read Less
Property listed by REO Modern Realty Corp., Matthew Jaime 562-860-2626
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
4
Square Ft.
4,803
Lot Size
0.14 Acres
Year Built
1924
MLS Number
24459677
30 Days Snapshot Of 90026
$1,175k
-11%
(avg) sold price
17
+21%
homes sold
82
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1924, Building area total: 4,803, Levels: Two, Living area: 4803, 2 stories, 2 buildings
Community
Gated
Heating
FloorFurnace, WallFurnace
Income
Gross income: $146,760, Net operating income: $148,500
Interior Features
CeilingFans
Laundry
Outside
Lot
0.1377 acres, 5,998 square feet, Size: 5,998
Parking
2 totals parking, Driveway, OnStreet
Property
Zoning: LARD5
Security Features
GatedCommunity
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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