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722 Echo Park Ave
Los Angeles, CA 90026
Immeuble residentiel Propriété À vendre
·
9 Unités


Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Prime Echo Park Location - Right Across from Echo Park Lake
- Select Units Renovated with Vinyl Plank Flooring, Updated Kitchens and Bathrooms, and Modern Finishes
- On-Site Parking - Four (4) Single Garage Spaces
- Property has Two New ADUs
- Recent Capital Improvements - Building Repainted and Replaced the Roof on Two of the Existing Structures
- On-Site Laundry Facility
Résumé de l'annonce
Marcus and Millichap is pleased to present a nine (9) unit apartment building located at 722-745 Echo Park Ave in Los Angeles, California. The subject property is located in a prime Echo Park location, just south of Sunset Ave and west of Glendale Blvd.
Situated directly across from Echo Park Lake, this well-located nine-unit multifamily property offers an attractive unit mix of one studio, seven one-bedroom units, and two newly constructed ADUs. Select units have been upgraded with vinyl plank flooring, modern kitchens, updated bathrooms, and contemporary finishes, while recent capital improvements include fresh exterior paint and new roofs on two existing structures. The property also features four single-car garages with potential for future ADU conversion, on-site laundry, and scenic lake views. Residents enjoy immediate access to the 101 and 110 Freeways, major commercial corridors including Sunset Boulevard and Glendale Boulevard, and popular neighborhood destinations such as Sunset Junction, Elysian Park, The Echoplex, Silver Lake’s renowned dining, shopping, and entertainment options.
Offering an exceptional combination of location, stable cash flow, recent improvements, and meaningful value-add potential, this Echo Park asset is well-positioned to deliver both immediate income and long-term appreciation in one of Los Angeles’ most sought-after rental markets.
For OM, please visit: https://www.lamultifamilydeals.com/active-listings/722-745-echo-park-ave
Situated directly across from Echo Park Lake, this well-located nine-unit multifamily property offers an attractive unit mix of one studio, seven one-bedroom units, and two newly constructed ADUs. Select units have been upgraded with vinyl plank flooring, modern kitchens, updated bathrooms, and contemporary finishes, while recent capital improvements include fresh exterior paint and new roofs on two existing structures. The property also features four single-car garages with potential for future ADU conversion, on-site laundry, and scenic lake views. Residents enjoy immediate access to the 101 and 110 Freeways, major commercial corridors including Sunset Boulevard and Glendale Boulevard, and popular neighborhood destinations such as Sunset Junction, Elysian Park, The Echoplex, Silver Lake’s renowned dining, shopping, and entertainment options.
Offering an exceptional combination of location, stable cash flow, recent improvements, and meaningful value-add potential, this Echo Park asset is well-positioned to deliver both immediate income and long-term appreciation in one of Los Angeles’ most sought-after rental markets.
For OM, please visit: https://www.lamultifamilydeals.com/active-listings/722-745-echo-park-ave
Faits sur la propriété
| Prix par unité | 386 869 $ CAD | Style d’appartement | Jardin |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 6,52% | Taille du lot | 0,17 AC |
| Multiplicateur du loyer brut | 10.85 | Taille du bâtiment | 7 257 pi² |
| Nombre d’unités | 9 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1928 |
| Sous-type de propriété | Appartement | ||
| Zonage | LARD2 - Residential | ||
| Prix par unité | 386 869 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,52% |
| Multiplicateur du loyer brut | 10.85 |
| Nombre d’unités | 9 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 0,17 AC |
| Taille du bâtiment | 7 257 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1928 |
| Zonage | LARD2 - Residential |
Commodités
Commodités des unités
- Cuisine
Commodités du site
- Accès 24 heures
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 7 | - | - |
| 2+1 | 1 | - | - |
Impôts fonciers
| Numéro de lot | 5404-022-004 | Évaluation des bâtiments | 698 075 $ CAD |
| Évaluation du terrain | 1 047 116 $ CAD | Évaluation totale | 1 745 191 $ CAD |
Impôts fonciers
Numéro de lot
5404-022-004
Évaluation du terrain
1 047 116 $ CAD
Évaluation des bâtiments
698 075 $ CAD
Évaluation totale
1 745 191 $ CAD
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