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Income

FOR SALE: 2436 Echo Park Avenue, Hillside Legacy 8-Unit

$3,250,000

FOR SALE

Click Me

stats

bedrooms

10

bathrooms

9

units

8

building_sq._ft.

5,354

lot_sq._ft.

5,621

area

Echo Park

year

1930

highlight

Renovated Units

details

Welcome to 2436 Echo Park Ave, a classic Eastside legacy complex. The fully occupied 8-unit property consists of two separate structures on a large street to street lot with stunning views from all units. 6 of the 8 units have undergone thoughtful renovations and the premises is beautifully landscaped. RTI plans are in the final stages of approval for an additional ADU. There are six on-site parking spaces, multiple units with private outdoor hang zones and additional storage throughout. Currently listed at a 4.7 CAP Rate on day one with additional 45% upside in rents. Situated in the heart of Echo Park, near all your favorite eateries and local hotspots. This heirloom property will be one to enjoy long term in the portfolio. A Must See.

location

2436 Echo Park Ave

Los Angeles

photos

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contact

Colt
Maloney

Residential

(213) – 926 – 9494

colt@figure8re.com

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Figure 8 Realty | 1509 West Sunset Boulevard Suite B | Los Angeles, CA 90026 | (213) - 537 - 0114 | Login

Figure 8 Realty | Highland Park Office | 5683 York Blvd | Los Angeles, CA 90042 | (323) - 507 - 2114

Broker | Ed Faktorovich | BRE #01401897