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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.
Property Type(s):
Residential Income
| Last Updated | 11/20/2024 | Year Built | 1922 |
|---|---|---|---|
| Community | Silver Lake - Echo Park | County | Los Angeles |
Additional Details
| 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 |
Location
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Listed with The Collective Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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