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$ 1,750,000
Est. payment | /mo
7 Beds
4 Baths
3,258 SqFt
$ 1,750,000
Est. payment | /mo
7 Beds
4 Baths
3,258 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,258 sqft
Price per Sqft $537
MLS Listing ID 24462265
Bedrooms 7
HOA Y/N No
Year Built 1922
Lot Size 6,838 Sqft
Property Description
THREE OF THE FOUR UNITS ARE DELIVERED VACANT! Nestled in one of the most desirable neighborhoods of Echo Park, this four-unit building offers a fantastic investment opportunity with incredible potential. A stone's throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium as well as top-rated schools, trendy shops, popular restaurants, coffee houses, and vibrant nightlife. This property is perfectly situated to attract tenants who value convenience and community. The building consists of three spacious 2-bedroom units and one 1-bedroom unit, providing a mix of options for a variety of tenants. Three of the units will be delivered vacant, allowing for immediate updates and the flexibility to set your ideal rents. While the property would benefit from some updating, it boasts solid bones and a location that can't be beat.With its prime location and a little vision, this property is ready to be transformed into a high-demand rental or long-term hold. This prime location offers easy access to vibrant local amenities and transportation options including the 2, 101, 5, 110 freeways. *Adjacent duplex, 1517 Baxter St., can be purchased with this property.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Interior
Cooling None
Fireplace No
Exterior
Parking Features Carport, Door-Multi, Driveway, Garage
Pool None
Total Parking Spaces 8
Private Pool No
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5420038026
Special Listing Condition Standard
Listed by Will Tiao • The Collective Realty
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Connie Coughlin
REALTOR® | Lic# 01415359