Figure 8 represented the buyer of this 6 unit, value-add multifamily in a burgeoning pocket of south Echo Park (Hi-Fi). Our team has formulated a plan with the buyer to renovate the property, add an ADU and generate additional income by leasing out the parking/storage. Figure 8’s affiliate companies, The Fix Construction and 8PM Property Management, will help facilitate the transformation, maximizing value for our Client. If you’ve ever considered investing in real estate, Figure 8 can be your ideal partner – we’ll customize a strategy unique to you, then handle everything from A to Z!
Commercial, Multi-Unit (5+)
Bedrooms
6
6
Bathrooms
7
7
Units
6
6
Unit Mix
(four) 1+1, (two) studios
(four) 1+1, (two) studios
Number of Buildings
2
2
Square Feet
3,062
3,062
Lot Size
4,773 sq ft
4,773 sq ft
Year Built
1917
1917
Parking
3-Car Garage
3-Car Garage
Zoning
LACW
LACW
1400 Colton Street,
Los Angeles, California, 90026
Agents
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