Compare Listings

1416 ECHO PARK AVE.

1416 Echo Park Ave
$7,200,000

Description

A rare opportunity to purchase a trophy 32 unit multifamily investment property located in the heart of one of the hippest neighborhoods of the country, Echo Park. First time on the market for over 27 years.

The building was built in 1908 to 1930 and has a unit mix of (1) 3+1, (1) 2+1, (23) 1+1 and (7) 0+1 situated on a 16,418 sqft corner lot. The property has tremendous upside potential in rents, excellent curb appeal and long frontage on Echo Park Ave, gated community, city views from some of the units and on-site laundry facility.

The property features copper plumbing, hardwood floors, remodeled kitchen and baths in good number of units, updated electrical panels, video monitoring cameras and 13 garages.

  • Address: 1416 Echo Park Ave, Los Angeles
  • City: Los Angeles
  • State/county: California, Los Angeles
  • Zip/Postal Code: 90026
  • Country: United States

Detail

Updated on March 6, 2017 at 4:19 pm

  • Price: $7,200,000
  • Year Built: 1908

Contact info

CONTACT AGENT
Michael Chang
(310) 903-4967 (626) 688-8864

Inquire about this property