Description
Location Location Location Echo Park Neighborhood.
This unique multi-family 4-unit property is ideally situated near Downtown Los Angeles, Chinatown, Silver Lake and Dodger Stadium. It offers excellent connectivity with convenient access to the #2, #5, #10, #101, and #110 freeways, the Gold Line, and multiple bus routes.
Unit Details: Each unit featuring 1 bedroom, 1 full bath, a dining area, living room, kitchen, laundry room, and detached 1-car garage. Amenities: Spacious floor plans, individual water heaters, and separate gas and electricity meters for each unit.
Occupancy:
3 out of 4 units are occupied by long-term tenants on month-to-month leases.
1 unit is move-in ready with new paint, new lights, and nice wood flooring, perfect for owner occupancy or immediate rental.
Investment Opportunity: Current rents of 3 units are below market value due to unadjusted rents, presenting a significant upside potential for market rental incomes.
This property offers a superb opportunity for investors or owner-occupants to capitalize on the rental market while enjoying a prime location in vibrant LA.
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: LYNN DU TRAN (#W73034)
Listing Office: IRN REALTY (#7944)
Listing Courtesy (Buyer)
Buyer's Agent: SANDY CHAN (#ws82249)
