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1432 Echo Park Avenue
Los Angeles, CA 90026 |
| Price: |
$1,050,000 |
| Year Sold: |
June 2011 |
| Property Type: |
Multi-Family /
Apartment Building |
| Submarket: |
Echo Park |
| Number of Units: |
12 Residential |
| Unit Mix: |
Four Singles and
Eight 1-Bedrooms |
| Sold Financials: |
Click Here |
| Property Description: |
David Bramante sold this multi-family investment consisting of 12 large units located in the highly desirable Echo Park submarket of Los Angeles. New electrical system throughout & separately metered.
Consisting of eight one-bed/one-bath & four single/one-bath units, this property features a strong unit mix while providing an investor with solid returns. In addition to these returns, the majority of rents are well below market & an investor could seize this potential upside as units become available.
Located on one of the most desirable corridors of Echo Park, the building is a stucco two-story building with original 1930's character that has historically attracted tenants in the neighborhood. |
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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. |
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