Property Details
Year Built: 1923
Units: 13
Price / Unit: $130,769
Price / SqFt: $258.28
CAP: 4.09%
GRM: 13.58
Executive Summary
- True Value-Add Opportunity to Renovate Units’ Interiors for a Potential Rental Upside of Over Forty Percent (40%)
- Large Corner Lot – Two (2) Parcels- 11,831 Total Square Feet – Zoned LAR3
- Echo Park/Westlake Neighborhood Location with Massive Development and Gentrification in the Immediate Area
- Four Separate Spanish-Style Structures- All One-Bedroom/One-Bath Units – Most Feature Dual Entrances
- Separately Metered for Gas and Electric
- Ten On-Site Parking Spaces- Six Covered, Four Uncovered
