313 Douglas St, 90026 – Fantastic Triplex! Buyer’s Dream Income Property for Sale in Echo Park / Elysian Heights Neighborhood This is a Multi-Family Home located at 1313 Douglas Street, Los Angeles CA. 1313 Douglas St has 6 beds, 3 baths, and approximately 2,840 square feet. The property was built in 1950. 1313 Douglas St is in the Echo Park neighborhood in Los Angeles, CA.
1313 Douglas St, Los Angeles, CA 90026 – Ed Faktorovich, Buyer’s Agent
The Story of The Sale:
The seller’s agent significantly underestimated the rent potential of the units so we were able to get the buyer an incredible deal on the property. Getting the higher income that we calculated from the units, the buyer has instantly raised the value of his property by more than 85K over it’s sale price!
It literally pays to have real estate agents who are income property experts!
Looking to Invest?
Income-generating properties like the triplex above are a great option. Connect with a Figure 8 Real Estate Agent to find an Income Property that’s right for you. Invest in Echo Park, Elysian Hills, Silver Lake, Los Feliz, Hollywood, West Hollywood, Glassell Park, Highland Park, Mid-Wilshire and lots of other great Los Angeles neighborhoods. Connect with Figure 8 Realty to find out how!