$2,525,000

Residential Income In Los Angeles

  • 9 Beds
  • 9 Baths
  • 7,257 Sqft
  • 7,499 Sqft lot
  • Updated: July 21
  • 1
    Views for last 30 days
  • Source:
    The MLS (CLAW)  MLS#26862009

About the Property

We are 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
We are 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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1928

  • Price/sqft

    $347

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722 Echo Park Avenue, Los Angeles, California, United States View on Google Maps
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Marcus & Millichap - Encino

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Marcus & Millichap - Encino
California, United States
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Marcus & Millichap - Encino
Encino, California, United States
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Last updated
July 21
First listed
Jul 21
Listing reference
26862009
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