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Amazing 5 Unit between Downtown and Echo Park – $1.2 Million

Echo Park, Los Angeles, CA, USA
Triangle 1 Created with Sketch. Great Deal Alert Triangle 1 Created with Sketch. $1,200,000  
5400 sq ft 9 Bedrooms 6.5 Bathrooms

This is completely remodeled, as in ‘you shouldn’t have to spend a penny on it.’ It consists of: three 2 bed 1.5 bath 900 sq ft units; one 3 bed 2 bath 2000 sq ft unit, and one 4 bed 3 bath 2500 sq ft unit. It has central heat and air in every unit. It also has two car covered, secure parking for each unit. And, best of all it is not currently on the MLS and WILL BE DELIVERED COMPLETELY VACANT.

This one is a bit of a bigger bite than what I normally send you, but for someone who has the money, or access to it, it’s a total winner.

This is completely remodeled, as in ‘you shouldn’t have to spend a penny on it.’ It consists of: three 2 bed 1.5 bath 900 sq ft units; one 3 bed 2 bath 2000 sq ft unit, and one 4 bed 3 bath 2500 sq ft unit. It has central heat and air in every unit. It also has two car covered, secure parking for each unit. And, best of all it is not currently on the MLS and WILL BE DELIVERED COMPLETELY VACANT.

I have the gross income at approximately $10,500/mo. This means that, putting down 30%, your cash on cash return will be approximately 14% ! … and in a location that is only going to be more and more popular and valuable as the L.A.Urban Revitalization continues to grow.

If you are interested or know someone who is, get in touch with me right away…

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