6.32% CAP rate on current rents including realistic market rent for VACANT studio unit. The property is well loved and in turnkey condition. With strong rents and low expenses, this is an excellent investment. Welcome to Echo Park's, Angelino Heights, a community with rich history and world famous for its Victorian and Craftsman homes. Echo Park is known for its trendy restaurants, boutiques, bars & eclectic art and music scene. Just blocks away from iconic Sunset Blvd, and a quick jaunt to Echo Park Lake, this offering includes two structures: a front triplex, and rear duplex. The front structure features a large 3Br+1Ba apartment and two studio apartments upstairs. The larger studio is being held vacant for the new Buyer and has multiple interested potential tenants. The back duplex has two Spanish Style side by side 1Br+1Ba apartments, each with laundry. There is also a large courtyard between the two buildings, with crepe myrtle trees & a fig tree which makes for a lovely outdoor area. The property has had many of its systems upgraded, including a rebuilt foundation, copper plumbing, updated electrical and more. There is also a large basement in the triplex that has extensive storage space.
|
DAYS ON MARKET
|
55
|
LAST UPDATED
|
5/5/2025
|
|
YEAR BUILT
|
1905
|
COMMUNITY
|
C21 - Silver Lake - Echo Park
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to May 5, '25
|
$1,395,000
|
| May 5, '25 - Today |
$1,345,000 |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Gas Oven, Refrigerator, Washer |
| AREA |
C21 - Silver Lake - Echo Park |
| BASEMENT |
Yes |
| CONSTRUCTION |
Frame, Stucco |
| LOT |
6983 sq ft |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| STORIES |
Split/Multi Level |
| STYLE |
Craftsman |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
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Listed with Compass
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 6/7/25 9:33 PM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
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