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Great opportunity for investor/1031-Exchange "” Rare Echo Park income property with 3 of 5 units currently vacant"”an ideal blank canvas for investor repositioning. Front unit is turnkey ready to rent out. The 3,280sqft multifamily asset presents a compelling 1031 exchange opportunity: defer capital gains while optimizing three vacant units for long-term rent roll. Situated close to Echo Park Lake, DTLA, transit, and popular eateries, this property blends reliable cash flow with STR upside"”perfect for investors seeking both stability and growth.
Property Type(s):
Residential Income
| Last Updated | 8/7/2025 | Year Built | 1954 |
|---|---|---|---|
| Community | C21 - Silver Lake - Echo Park | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C21 - Silver Lake - Echo Park |
| HEAT | Wall Furnace |
| LOT | 7004 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Gotham Elite Properties
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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