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Multi-Family Investor Opportunity in Historic Filipinotown (HiFi)! Introducing a rare 8-unit multi-family residential investment opportunity in the heart of Historic Filipinotown—a trendy, up-and-coming area perfectly positioned between the highly sought-after neighborhoods of Silverlake and Echo Park. Built in 1958, the property features eight 2-bedroom, 1-bath units and 7 on-site allocated parking spaces. With 5 units delivered vacant, investors have an excellent opportunity to implement upgrades that can drive higher market rents and enhance tenant appeal among young professionals, industry experts, and artists that are drawn to this area. Benefit from an easy-to-operate asset with strong cash flow potential and long-term rental appreciation. For a detailed breakdown of revenue, expenses, NOI, and cap rate, please schedule a tour or contact us for a comprehensive financial summary.
Last Updated | 2/5/2025 | Year Built | 1958 |
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Community | Silver Lake - Echo Park | County | Los Angeles |
Additional Details
AIR | None |
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AREA | Silver Lake - Echo Park |
GARAGE | Assigned, Driveway |
HEAT | Wall Furnace |
HOA DUES | 0 |
INTERIOR | Unfurnished |
LOT | 6689 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
PARKING | Assigned,Driveway |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
UTILITIES | Electricity Available,Natural Gas Available,Sewer Connected,Water Available, Electric: Standard |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LAR3 |
Location
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