Property listed by Marcus & Millichap, Jason Tuvia 818-212-2700
$2,525,000
We are pleased to present a nine (9) unit apartment building located at 722-745 Echo Park Ave in Los Angeles, California. The subject property is located in a prime Echo Park location, just south of Sunset Ave and west of Glendale Blvd. Situated directly across from Echo Park Lake, this… Read More well-located nine-unit multifamily property offers an attractive unit mix of one studio, seven one-bedroom units, and two newly constructed ADUs. Select units have been upgraded with vinyl plank flooring, modern kitchens, updated bathrooms, and contemporary finishes, while recent capital improvements include fresh exterior paint and new roofs on two existing structures. The property also features four single-car garages with potential for future ADU conversion, on-site laundry, and scenic lake views. Residents enjoy immediate access to the 101 and 110 Freeways, major commercial corridors including Sunset Boulevard and Glendale Boulevard, and popular neighborhood destinations such as Sunset Junction, Elysian Park, The Echoplex, Silver Lake's renowned dining, shopping, and entertainment options. Offering an exceptional combination of location, stable cash flow, recent improvements, and meaningful value-add potential, this Echo Park asset is well-positioned to deliver both immediate income and long-term appreciation in one of Los Angeles' most sought-after rental markets. Read Less
Listing Snapshot
Days Online
1
Last Updated
Beds
9
3/4 Baths
9
Square Ft.
7,257
Lot Size
0.17 Acres
Year Built
1928
MLS Number
26862009
Additional Details
Building
Built in 1928, Living area: 7257.0, 5 buildings, 2 stories, Levels: MultiSplit
Income
Gross Income: $232,823, Net Operating Income: $164,703
Lot
0.1722 acres, Dimensions: 50x153
Parking
4 total parking spaces
Taxes
Parcel Number: 5404022004, Zoning: LARD2
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
