Your opportunity to take over an excellent investment. Planning has been approved for up to 14 apartments and building permit is expected in 4 months. Echo Park is Ranked a Top Neighborhood in Los Angeles by EaterLa, Thrilist, Goop, Niche, Loney Planet and New York Times . Walking distance to park and Dodger Stadium. Downtown View.
Branden Silver Lake, a very well-located value-add 5-unit apartment building in the highly desirable area of Silver Lake. This offering provides a rare opportunity for owner-user or savvy investors to get into the highly desirable Silver Lake apartment market and immediately add value through 2 ADUs built-up (plan approved, permits pulled). Located on a quiet cul-de-sac residential street, but crossing Glendale Blvd, this property offers an exceptional location just minutes away from Silver Lake and other amenities nearby. It is adjacent to a NEW multi-million-dollar small lot subdivision and nearby many new residential developments in the area. The property consists of a free standing SFR with 4 unit building in the back and include approved plans (SHOVEL READY!) for 2 ADU’s in the rear parking area of the property. The front single-family residence is a completely renovated 3-bedroom 2 bath house, while the back building consists of a fourplex that contains all 1-bedroom units (1 unit upgraded). The property has a total of 3307 sf and is situated on a 7,290-sf lot. The front house which has been completely upgraded was built in 1907, and the back fourplex was built in 1960. The new owner can continue with the proven value add process as the asset has an estimated 31%+/- renta
Don't miss this amazing OPPORTUNITY!! Must be seen! Great investment! Charming 4-unit property with great views on an oversized lot in the heart of Silver Lake. Cheerful landscaped native plant garden. Across the street from Bellevue Park. Rent vacant unit at market rates or live in one unit and rent the others! There are two apartments on each floor, each with its own entrance. Steps to Sunset Junction and Virgil Village shops and restaurants with Hollywood Hills, Griffith Park and DTLA views. Each unit is unique and has been lovingly maintained. Two 2 + 1. Two 1 + 1 that have extra room that could be used for an extra bedroom. Extensive Copper plumbing and electrical updates made in the 1980's. One of the top floor 2 bedroom apartments will be delivered vacant. It is freshly painted, carpeted and has new kitchen and bath flooring. Perfect for an owner's unit. Onsite parking for each unit and even guest parking! Nice common area backyard for gardening and socializing. Basement storage area as well! DO NOT DISTURB TENANTS!
Highly sought after bungalow structures located directly across Echo Park Lake. The opportunity consists of five (5) structures for ten units including six (6) studio units and four (4) one-bedroom units. There is approximately thirty-eight (38%) percent rental upside that can be achieved through unit turnover. In addition, there are four (4) single car garages allocated to the one-bedroom units. More importantly, there is assumable financing at a fixed rate of 3.66% till 2032 which is extremely attractive relative to today's capital markets.
Amazing opportunity for the historic investor to create their own experience with this California Bungalow Tri-plex. The front building is a duplex consisting of a 1 Bed + 1 Bath in each unit The separate rear unit is 4 Bedrooms + 2 bathrooms. Drive by only at this time and subject to interior inspection. Please do not go onto the property nor speak with the tenants. Please respect the privacy of the occupants. Historic Angelino Heights H.P.O.Z. Unit 830 & 832 have reduced rents due to R.E.A.P.
We are proud to bring to market this 62 unit development opportunity being delivered with RTI (Ready to Issue) plans in prime Echo Park!!! Situated on 25,827 square feet of land on 8 contiguous parcels, the well-designed plans feature a mix of (44) two bedroom 2 bath units, (17) one bedroom one bath units and (1) three bedroom two bath unit. The proposed project consists of 61,860 gross square feet with 59 parking spaces. 600 Alvarado is in a vibrant Echo Park neighborhood just minutes to Silver Lake, Griffith Park, and Downtown Los Angeles. Echo Park has become a mecca for young creatives, boasting hip coffee shops, stylish boutiques, indie music venues, trendy bars, taco trucks and much more!
We are proud to bring to market this 62 unit development opportunity being delivered with RTI (Ready to Issue) plans in prime Echo Park!!! Situated on 25,827 square feet of land on 8 contiguous parcels, the well-designed plans feature a mix of (44) two bedroom 2 bath units, (17) one bedroom one bath units and (1) three bedroom two bath unit. The proposed project consists of 61,860 gross square feet with 59 parking spaces. 600 Alvarado is in a vibrant Echo Park neighborhood just minutes to Silver Lake, Griffith Park, and Downtown Los Angeles. Echo Park has become a mecca for young creatives, boasting hip coffee shops, stylish boutiques, indie music venues, trendy bars, taco trucks and much more!
This beautiful triplex in the heart of Echo Park is listed for sale for the first time in 30 years! All units have their own separate entrances. The front building has 2 units (one is upstairs). A 3rd unit is a detached unit with its own entrance and 2 different parking spaces accessible from the next street on Ashmore Place. The length of this lot stretches from Echo Park Ave to Ashmore Place (see the image of the parcel map). The property is a landbank (5357 sq/ft) perfect for owner-user with rental income, investment property, or for future development. Unit 1804 is owner-occupied so there is an upside in rent (only unit 1804 will be delivered vacant). It is only a 5-minute drive to Dodger Stadium, within walking distance to Lady Byrd Cafe and nearby restaurants. There's also a mini market directly across the street from the property. Please do not disturb tenants.
Great Investment apartment in Los Angeles,close to downtown LA, Sunset Blvd, Pasadena,and Dodger Stadium. There are 3 Buildings in the lot, 4 units in the Front building,each unit comes 1 Bedroom and 1 Bathroom; 2 individual unit in the back, each unit comes 2 Bedrooms and 1 Bathroom. Total 6 units, 6,546 SF in living area,10,260 SF in Lot size. The property has 4 car garages, which the owner uses for storage.Current rent below the market. Quiet and nice area in Los Angeles. Property to be sold "AS IS". Showing Subject to inspection. 2 of Units will be vacant on close of escrow.
Seller open to potential joint venture options or seller financing! Will deliver RTI with design and plans for approximately 3,200+ SF home. See attached renderings. Power/Water/Sewer/Gas existing on property. Designer's current plans propose 4bd/3.5 bath. Two ensuite with soaking tub and walk in closets. Rooftop deck with spa and fireplace. Living room fireplace, four story glass and steel central staircase. Property is also zoned LAR2!!!!
REMARKABLE ''TOP OF THE HILL'' DREAM-HOME DEVELOPMENT POTENTIAL!! HARD TO FIND -- Step UP to a better life style! Peaceful & Serene - at the TOP! HUGE DEVELOPMENT OPPORTUNITY FOR YOUR DREAM HOME! GREAT LOCATION - 2 HOMES AT THE TOP OF THE HILL! Tranquil, Peaceful and Secluded from the hustle & bustle of the City! YOU WILL ABSOLUTE LOVE THESE TWO GORGEOUS HOMES LOCATED IN PRIME SILVER LAKE each celebrating their own Private surroundings! PRIME OWNER-USER - TWO HOMES Located in a truly charming family area where the neighbors are your friends! Easy entry for both Homes, graciously set back from the street on a Grand Scale - Oversized Lot (over 7,500 square feet!). Serene Views adorn these Homes and each home has it's own separate utilities, Including Tenant Paid Separate Water Meters! Lots of woods and earthly compliments throughout, you may even forget that you are in the City! FRONT 2 Bed Home + REAR 1 Bed Home! Great Owner/User with Income! Truly an escape from the hustle & bustle way down the HILL!
WOW!!! POSSIBLE $500k DOWN WITH BUILT-IN FINANCING, NO LOAN FEES, IMMEDIATE CASH-FLOW!! EXCEPTIONAL SILVER LAKE Corner Property! VACANT 2 Bedroom + Basement Owner's Unit that already has improvements, ongoing! Make it yours - Colors and More! OR, Rent this Vacancy AT Top Dollar Market Rates! Hidden away Silver Lake Corner Property with a Woodsy Curb Appeal. Assumable First Trust Deed: $820,000 5% FIXED Interest, with NO pre-pay fees, and NO Loan Fees for the Assumption, payable $3,417/month! Wonderful LUSH LANDSCAPE with Each Unit Private from the other units! Classic Character throughout! (circa 1923) Pre-Depression Construction (built better those days!). THREE Units Include the following: UNIT ONE: VACANT 2 Bed--1 Bath Owner's Unit (includes a Private Lower Level Basement - Estimated Rental Value: $4,000/month)....Plus UNIT TWO: 2 Bed--1 Bath Unit (Rented for $1,883/month)....Plus UNIT THREE: 1 Bed--1 Bath Unit ALL UPDATED with pictures online (Estimated Rental Value: $2,750/month). Great Silver Lake Location! A lovely Woodsy Setting...Storage Structure included in back with Laundry Area! Every Unit has a Private Entrance. Exterior Newly Painted, and so much more! Emotional and Exciting Offering, must see to appreciate! INCOME DETAILS BELOW are based upon projected rent & expenses are based upon Property Taxes & Utilities. Don't miss this one!
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90026 has a population of 3,902,440. Los Angeles 90026 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90026 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90026 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.