Properties

Property Description

THIS IS WHAT YOU HAVE BEEN LOOKING FOR … Only 14.6 GRM with Upside … 8-unit apartment building in the Echo Park Hills. Area is known for exceptional rent growth and low vacancy rates. Currently, the property features 6 apartment units – ownership in process of and will deliver 2 additional units in ready-to-issue permit status thus creating a total of 8 rental units. All units are One Bed One Bath. Parking for 9 vehicles. More than 35% rental upside. Two parcels of land totaling 10,500 SF.UNITS 1920 3/4 AND 1922 3/4 IN PROCESS OF BEING LEGALIZED – PROPERTY DELIVERED WITH 8 LEGAL UNITS.Contact L.A. for plans, drawings, etc. SEE ATTACHED FLYER(S) WITH RENT ROLL AND ADD’L INFO

Features
: Other
: Other
Address Map
Preston
1920
Avenue
0
W119° 44' 52.7''
N34° 5' 12.9''
North of Sunset Blvd in the Echo Park Hills
MLS Addon
KW Commercial Studio City
Rich Johns
Claw
8
160601
114806
10,500 Sqft
0
Attached
0
0
East
No
$0
$0
: Other
: Uncovered
9
: Standard
LARD1.5
Sale

Residential Income For Sale

1920 Preston Avenue, Los Angeles (City), California 90026

8 Bedrooms
3,492 Sqft
$2,290,000
Listing ID #683924386
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 683924386
Price : $2,290,000
Bedrooms : 8
Sqft : 3,492 Sqft
Year Built : 1923
Lot Area : 0.24 Acre
DOM : 1
Price Per SQFT : $656
Property Sub Type : Residential Income
Status : Active
Agent info
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