1911 Echo Park Avenue, Los Angeles, CA 90026

$599,900

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List Agent Joseph Webster () Premier Realty Associates; CoList ()

List Price
$599,900
Status
ACTIVE
MLS#
PT26182257
Year Built
1910
Lot Size
5,906
Lot Location
Front Yard, Yard
Days on Market
27
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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.