1911 Echo Park Avenue, Los Angeles, CA 90026

$599,900

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List Price
$599,900
Status
ACTIVE
MLS#
PT26182257
Year Built
1910
Lot Size
5,906
Acres
0.14
Lot Location
Front Yard, Yard
Days on Market
23
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Triplex
Stories
One Level

Property Description

Rare opportunity to acquire a 3-unit income property in the heart of Elysian Heights/Echo Park, situated on an approximately 5,906 SF lot with C2-1VL zoning and a 1.5 FAR! The property currently consists of three residential units across two structures, providing existing rental income from day one. For the long-term investor, this is a compelling opportunity to buy, hold, collect rents, and participate in the continued growth and appreciation of one of Los Angeles' most desirable neighborhoods. Offering an attractive combination of existing rental income, long-term appreciation potential, value-add upside, and future development possibilities, 1911 Echo Park Ave is an excellent opportunity for investors looking to establish or expand their Los Angeles portfolio. If this isn't a good fit for you, VERTIGO REAL ESTATE VENTURES constantly has new investment opportunities. Please call listing agent to see active inventory!

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Whole House Fan
Roof
Shingle
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3

Listing courtesy of Listing Agent: Joseph Webster (joeweb06@gmail.com) from Listing Office: Premier Realty Associates.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.