Location! Location! Location! Charing 4 unit apartment building steps from Echo Park lake and Sunset Blvd dining and nightlife. Each unit is One Bed/Bath. One unit is vacant. Property has all copper plumbing, no HVAC, 200 amp electrical, and foundation is bolted. All work has been done with permit. Individual gas & power and each unit has it's own water heater. Sited on 6,232 SF lot that fronts Park and Bonnie Brae. Current monthly income $6,794. DEVELOPER ALERT! Seller has TOC & CDO approved plans for 14-Unit apartment building and 3 ADU's can be added! Inclusive of the 14 units, (3) units will be affordable [ (2) ELI and (1) VLI ]. Construction documents available, but have not been submitted to plan check. Seller will not deliver RTI. Seller will not relocate existing tenants. Laundry is on site (coin op) and each unit has it's own water heater.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
Sell a home like this and save $77,501 Find Out How
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®.
Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to
purchase real estate, is prohibited.
ByOwner last updated this listing 05/10/2024 @ 17:13
MLS: 24345417
LISTED BY: Sabina Yi, Keller Williams Beverly Hills
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
