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  • DESCRIPTION

    We are pleased to present Echo Park (90026), one of LA's most dynamic neighborhoods. The building was built in 1923 and has a unit mix of One (1) Three Bedroom - One Bathroom, One (1) Two Bedroom - One Bathroom and Twenty-Three (23) One Bedroom - One Bathroom and Seven (7) Single - One Bathroom apartment homes situated on a 16,418 sq ft corner lot. The property has significant upside potential in rents, excellent street frontage on Echo Park Avenue, gated entries, common area laundry and city views from many upper units. The property features hardwood floors, remodeled kitchen and baths and updated electrical panels, and 13 garages. Please contact listing agent for Full Marketing Package.

    KEY DETAILS
    • Price:
    • $9,200,000
    • Bedrooms:
    • 6
    • Full Baths:
    • 0
    • Square Footage:
    • 17,740
    • Acreage:
    • 0.38
    • Year Built:
    • 1908
    • MLS #:
    • 18408116
    • Street Address:
    • 1416 Echo Park Ave
    • City:
    • Los Angeles
    • State:
    • CA
    • Postal Code:
    • 90026
    • County:
    • Los Angeles
    • Area:
    • Silver Lake
    • Listing Status:
    • For Sale - Active

    Building

    • Building Floors:
    • 3
    • Number Of Units:
    • 32
    • Square Footage Source:
    • Public Records
    • Total # Of Buildings:
    • 12
    • Total Building Square Footage:
    • 17740
    • Unit2 Bedrooms:
    • 1
    • Unit3 Bedrooms:
    • 2
    • Unit4 Bedrooms:
    • 3
    • Year Built:
    • 1908

    Business

    • Adjusted Gross Income:
    • 587840.00
    • Net Operating Income:
    • 364484.00

    Land

    • Approximate Lot Size Range Source:
    • Public Records
    • Conforms To Zoning:
    • Lar3
    • Lot Square Footage:
    • 16418

    Listing

    • Days On Market:
    • 64

    Money

    • Price Per Square Foot:
    • 518.60

    Structures

    • Parking Spaces:
    • 13
    • Parking Type:
    • Garage

    Systems

    • Cooling System:
    • Wall Or Window Units

    Source

    • Listing Provided By Rich Johns of Kw Commercial Studio City (DRE#: 01432215)

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    NOTES

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