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.
DAYS ON MARKET
|
6
|
LAST UPDATED
|
11/20/2024
|
YEAR BUILT
|
1922
|
COMMUNITY
|
Silver Lake - Echo Park
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AIR |
None |
AREA |
Silver Lake - Echo Park |
GARAGE |
Carport, Door-Multi, Driveway, Garage, Yes |
LOT |
6838 sq ft |
PARKING |
Carport,Door-Multi,Driveway,Garage |
POOL DESCRIPTION |
None |
STORIES |
2 |
ZONING |
LAR2 |
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Listed with The Collective Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 9:27 AM PST and /or other sources. 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
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