Sold $1,999,000
THIS IS WHAT YOU HAVE BEEN LOOKING FOR … 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. Contact L.A. for plans, drawings, etc.