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A Rare Gem in Echo Park - Exceptional Investment Opportunity!Discover the hidden potential of this residential income opportunity, nestled in the heart of Echo Park. This property offers an extraordinary opportunity for astute investors or those seeking to transform a classic structure into something truly remarkable. With ample space, it presents the perfect canvas for modern updates and creative enhancements.Each one of the income properties boasts generous interiors with flexible layouts, inviting the possibility of contemporary redesigns tailored to meet today's living standards. From original finishes, this building is primed for those with a vision to bring it to its fullest potential.The property features a quaint outdoor space, ideal for creating a charming garden oasis or a welcoming communal area for future residents to enjoy. With strategic improvements, there is immense potential to increase rental income and significantly boost property value.Located in one of Echo Park's most dynamic and evolving neighborhoods, this investment opportunity is as much about lifestyle as it is about financial growth. The area's eclectic culture, burgeoning dining scene, and proximity to downtown LA make this building a standout choice for those looking to capitalize on its superb location.Seize the chance to turn this diamond in the rough into a polished gem - the possibilities are endless.
Property Type(s):
Residential Income
| Last Updated | 9/29/2024 | Tract | Not Applicable |
|---|---|---|---|
| Year Built | 1906 | Community | Silver Lake - Echo Park |
| Garage Spaces | 3.0 | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Free-Standing Range, Gas Range, Range Hood, Tankless Water Heater |
| AREA | Silver Lake - Echo Park |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| GARAGE | Door-Multi, Door-Single, Garage, Yes |
| HEAT | Floor Furnace |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, All Bedrooms Up, Balcony, Beamed Ceilings, Coffered Ceiling(s), High Ceilings |
| LOT | 5606 sq ft |
| LOT DESCRIPTION | Sprinklers None |
| PARKING | Door-Multi,Door-Single,Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Craftsman |
| SUBDIVISION | Not Applicable |
| VIEW | Yes |
| WATER | Public |
| ZONING | LARD2 |
Location
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Listed with Sotheby's International 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.
This IDX solution is (c) Diverse Solutions 2024.
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