Thank you
Peter Pablico
Mancuso Properties III, Inc. D
310-720-6627
We are pleased to present the opportunity to acquire 2730 Council St. A multifamily building comprised of 4 units on a very quiet street and ideally located in the heart of Los Angeles, The property is located in Historic Filipinotown and only minutes away from Echo Park, Silverlake, Koreatown, Hollywood, Downtown, and within close proximity to various shops, restaurants, and entertainment districts. Beautifully designed with the highest standard of quality and craftsmanship. This modern property offers energy efficient building materials, stainless-steel appliances, and designer finishes. Completed in October 2023. Currently fully leased non-rent controlled fourplex with a cap rate of 5.07%. All units separately metered for gas, electricity, and water. Solar panels for all units to keep expenses low. Tenants pay all utilities. Total gross rents $17,300 per month.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1063381577 | 1 | 1 | 1 | 0 |
2 | 1063381577 | 4 | 4 | 4 | 0 |
3 | 1063381577 | 4 | 4 | 4 | 0 |
4 | 1063381577 | 4 | 4 | 4 | 0 |
Water Source : Public
Sewer : Public Sewer
Interior Features: Balcony,Quartz Counters,Unfurnished
Property Appliances: Dishwasher,Free-Standing Range,Microwave,Refrigerator,Range Hood,Tankless Water Heater,Vented Exhaust Fan,Water To Refrigerator,Dryer,Washer
Fireplace: None
Flooring: Vinyl
Central Air
Air Conditioning
Central
Has Heating
Green Energy: Appliances,Water Heater
Fireplace Features: None
Has Fireplace: 0
Year Built: 2023
Building Area Total: 5,168
Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Sprinkler System,Security Gate,Key Card Entry,Smoke Detector(s)
None
Inside
Wrought Iron
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1104
Lot Size Source: Assessor
Lot Size Square Feet: 4807
Original List Price: 3,499,000
Listing Contract Date: 2024-03-14
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5156021008
Garage Description: Assigned
Lease Term: Negotiable
Tenant Pays: All Utilities
Source Listing Status: Active
Source Neighborhood: C21 - Silver Lake - Echo Park
Directions: West of 101 freeway and East of Beverly Blvd.
Zoning: LARD 1.5
Source Property Type: Residential Income
Area: C21 - Silver Lake - Echo Park
Property SubType: Quadruplex
Property Age: 1
Common Walls: 1 Common Wall
Structure Type: Quadruplex
Year Built Source: Builder
Entry Level: 1
Entry Location: Front door
Property Attached: Yes
Levels or Stories: Three Or More
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2140 Lemoyne Street, Los Angeles, CA,90026 | $3,200,000 | 3 | -- | -- | 7505 Sqft |
802 N Dillon Street, Los Angeles, CA,90026 | $1,450,000 | 6 | -- | 2,288 | 3828 Sqft |
1321 Laveta Terrace, Los Angeles, CA,90026 | $439,000 | -- | -- | -- | 5257 Sqft |
1427 Laveta, Los Angeles, CA,90026 | $1,990,000 | -- | -- | 1 | 10262 Sqft |
1804 Echo Park Avenue, Los Angeles, CA,90026 | $1,310,000 | 5 | -- | 2,319 | 5357 Sqft |
1804 Echo Park Avenue, Los Angeles, CA,90026 | $1,390,000 | 5 | -- | 2,319 | 5357 Sqft |
1600 W Court Street, Los Angeles, CA,90026 | $995,000 | 4 | 2 | 1,762 | 3387 Sqft |
1120 Logan Street, Los Angeles, CA,90026 | $1,995,000 | 10 | -- | 4,912 | 6269 Sqft |
1622 Ewing Street, Los Angeles, CA,90026 | $2,425,000 | 3 | -- | 2,296 | 2612 Sqft |
1615 Park Avenue, Los Angeles, CA,90026 | $7,000,000 | 27 | -- | 13,260 | 8513 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 10:09
MLS: WS24042174
LISTED BY: PETER PABLICO, Mancuso Properties III, Inc. D
SOURCE: CRMLS
Buyer Agency Compensation: 2%
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.