Property listed by REO Modern Realty Corp., Matthew Jaime 562-860-2626
$1,615,000
Great area of Echo Park! Incredible Investment opportunity to live in large single-family residence and have 4 sizeable single studios contribute to your mortgage. This property boasts a well-maintained Craftsman-style residence with four-bedroom house (2,283 sq ft) with classical architectural character, while the rear units are spacious, renovated… Read More studio's (2,520 sq ft). Property features include separate gas and electric meters, updated electrical, copper plumbing, tankless water heaters, newer roof, and an on-site coin operated laundry. Situated on a LARD5 lot, offering long-term zoning upside. Ideal for an owner-occupant seeking rental offset, or an investor looking for a stable income property in a high-demand rental area near public transit and major freeways. Buyer to independently verify unit count, square footage, and zoning potential. Consider this a good cash-flowing asset! Read Less
Listing Snapshot
Days Online
13
Last Updated
Beds
4
Square Ft.
4,803
Lot Size
0.14 Acres
Year Built
1924
MLS Number
26638323
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1924, Living area: 4803.0, 2 buildings, Levels: Two
Heating
FloorFurnace, WallFurnace
Income
Gross Income: $153,848, Net Operating Income: $153,848
Interior Features
CeilingFans
Lot
0.1377 acres
Parking
Driveway, OnStreet
Taxes
Parcel Number: 5157009011, Zoning: LARD5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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