For Sale
2436 Echo Park Avenue, Los Angeles, CA 90026
  • $2,825,000
  • $528

Overview

Property ID: HZ4872011
  • Residential Income
  • Property Type
  • 11
  • Bedrooms
  • 9
  • Bathrooms
  • 4.00
  • Garages
  • 5354.00
  • Sqft
  • 1930
  • Year Built

Description

We are pleased to present an eight (8) unit multifamily property located at 2436 Echo Park Avenue in Los Angeles, California. The property is situated in a prime Echo Park location at the top of a hill in Elysian Heights, south of Riverside Drive and west of Stadium Way. Originally built in 1930, this turn-key multi-layered apartment building contains a great unit mix of six (6) one-bedroom / one-bathroom units, one (1) two-bedroom / one-bathroom unit, and one (1) three-bedroom / one-and-a-half-bathroom unit across two (2) detached buildings. The property is positioned on a quiet residential hillside between two (2) streets, boasting panoramic views of surrounding cities and the Los Angeles National Forest mountain range from all the cottage style units. The building is fully turn-key including recent upgrades to the foundation, with solid remaining upside. RTI plans are included to build a two-story one-bedroom / one-bathroom ADU unit. Select units feature outdoor decks with incredible views, and one (1) unit is currently vacant in the process of being leased up. In addition, the property features on-site laundry, four (4) garage parking spaces, and three (3) additional open parking spaces. Situated in a prime Echo Park location, this offering presents an excellent opportunity for any investor to acquire turn-key, high cash flowing cottage style units on a rare hillside property in a core market of Los Angeles.

  • Address 2436 Echo Park Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90026
  • Area C21 - Silver Lake - Echo Park
  • Country United States

Details

Updated on May 11, 2023 at 10:59 pm
  • Property ID: HZ4872011
  • Price: $2,825,000
  • Property Size: 5354.00 Sqft
  • Land Area: 5621.00 Sqft
  • Bedrooms: 11
  • Bathrooms: 9
  • Garages: 4.00
  • Year Built: 1930
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5354.00
  • Living Area Prefix: Sqft
  • MLS#: 23246837
  • Office Name: MARCUS & MILLICHAP
  • Agent Name: Jason Tuvia
  • MLS Status: Active
  • Agent State License: 01772495

Additional details

  • View: City Lights,Hills,Mountain(s),Panoramic
  • Heating: Wall Furnace
  • Flooring: Wood
  • County: Los Angeles
  • Parking: 7.00

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