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$849,000
Est. payment /mo
2,208 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $384
MLS Listing ID CL26834291
HOA Y/N No
Year Built 1914
Lot Size 5,121 Sqft
Acres 0.1176
Property Sub-Type Other
Property Description
Exceptional opportunity to purchase a fully occupied five-unit apartment complex comprised of 600 sqft 1 bed 1 bath units in the heart of Echo Park, one of Los Angeles' most vibrant and rapidly evolving neighborhoods. This well-maintained property offers investors peace of mind from day one. Situated on 5,200 sqft lot, the property presents significant long-term development potential. Whether you hold for income or reposition for future value, this asset combines both stability and upside. Located just minutes from Sunset Boulevard, DTLA, and Silver Lake, the property enjoys strong rental demand and an unbeatable urban lifestyle appeal. This is a rare chance to secure a cash-flowing asset in a premier location with future development possibilities. Ideal for seasoned investors and those looking to enter the multifamily market. ***SELLER FINANCING AVAILABLE***
Location
State CA
County Los Angeles
Zoning LACW
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 5160022017
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Listed by Corey Weiss • Berkshire Hathaway HomeServices California Properties