$2,100,000
bedrooms
7
bathrooms
0
square feet
3,144
Acreage
0.1548
Open Houses
-
year built
1922
Full Baths
0
Half Baths
0
This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.
| Location | |
| Subdivision | - |
| County | Los Angeles |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
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MLS number: 24-433023
Listing agent:
Emily Johnson
Listing broker:
Sotheby'S International Realty
(323) 665-1700 ext. 2360
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 1 2025 at 3:05 a.m. EST
Kotohomes National