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In-PersonVirtual Tour
$ 599,000
Est. payment | /mo
4 Beds
3 Baths
5,904 Sqft Lot
$ 599,000
Est. payment | /mo
4 Beds
3 Baths
5,904 Sqft Lot
Open House
Tue Oct 06, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26216920
Bedrooms 4
Lot Size 5,904 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity in the heart of Echo Park. Situated on an approximately 5,906 SF lot, this 3-unit property offers existing rental income alongside compelling long-term upside in one of Los Angeles most sought-after neighborhoods. Zoned [Q]C2-1VL, the property presents an intriguing opportunity for investors and developers to explore future redevelopment or additional density, subject to independent verification. Just two doors from a recently constructed four-story multifamily project- consisting of 13 units, demonstrating substantial multifamily development activity along this stretch of Echo Park Avenue. Ideally positioned near Downtown Los Angeles, Dodger Stadium, Elysian Park, neighborhood cafs, restaurants, hiking trails and the best of Echo Park, the property combines location, income and potential at an attractive entry point. Buy, hold, collect rents and explore the possibilities of a generational investment.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction WAZE/MAPS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5420022025
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Maxim Sidelnik, DRE#02109488 The Agency
Co-listed bySaena Hart • The Agency
Co-listed bySaena Hart • The Agency
NEARBY SCHOOL & BUSINESS
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