Skip To Content
    Return to Previous Page

    1140 Echo Park Avenue

    Echo Park, CA 90026
    • $2,195,000
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: SR20147897
    UPDATED: 51 min ago
    $2,195,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,874
      SQFT
    • $567
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:

    School Ratings & Info

    Description

    2 Buildings on 1 Lot! A True Pride Of Ownership, this 3-Unit apartment complex located in the heart of one of the city's most desirable locations, Echo Park. Built in 1988, the subject property consists of 2 separate buildings with possibilities to have 2 lots, with the property going street-to-street. Front building at 1140 Echo Park Avenue is an excellent owners unit that features a dynamic 2 Story four-bedroom/three-bath with den. Den can be used as a fifth bedroom. There is an attached 3 car garage. The back building features a lovely duplex at 1077 and 1079 Laguna Avenue. Each unit in the duplex consists of three bedrooms and two bathrooms with an attached 3 car garage. Amenities include central air, and heating, recessed lighting, hardwood floors, granite counter tops, dishwashers, individual hot water heaters, laundry facility, gated, secured with ample parking. This property has a building square feet of approximately 3,874 and sits on a lot of approximately 7,519 square feet of land. Turnkey property, perfect for owner/user, investor. Property is to be sold in its "AS IS" condition. Drive By Only. Call Listing Agent for details. Echo Park and its immediate surroundings have improved immensely over the past 10 years by virtue of over $32 billion dollars spent on new developments since 1999. There is another $2.5 billion in new projects currently in development that will continue the transformation of Downtown Los Angeles and its surrounding areas.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T00:30:29.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/108225111
    Print Image

    1140 Echo Park Avenue Echo Park, CA 90026

    • Price: $2,195,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: SR20147897
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,874
    SQFT
    $567
    $/SQFT
    1988
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    2 Buildings on 1 Lot! A True Pride Of Ownership, this 3-Unit apartment complex located in the heart of one of the city's most desirable locations, Echo Park. Built in 1988, the subject property consists of 2 separate buildings with possibilities to have 2 lots, with the property going street-to-street. Front building at 1140 Echo Park Avenue is an excellent owners unit that features a dynamic 2 Story four-bedroom/three-bath with den. Den can be used as a fifth bedroom. There is an attached 3 car garage. The back building features a lovely duplex at 1077 and 1079 Laguna Avenue. Each unit in the duplex consists of three bedrooms and two bathrooms with an attached 3 car garage. Amenities include central air, and heating, recessed lighting, hardwood floors, granite counter tops, dishwashers, individual hot water heaters, laundry facility, gated, secured with ample parking. This property has a building square feet of approximately 3,874 and sits on a lot of approximately 7,519 square feet of land. Turnkey property, perfect for owner/user, investor. Property is to be sold in its "AS IS" condition. Drive By Only. Call Listing Agent for details. Echo Park and its immediate surroundings have improved immensely over the past 10 years by virtue of over $32 billion dollars spent on new developments since 1999. There is another $2.5 billion in new projects currently in development that will continue the transformation of Downtown Los Angeles and its surrounding areas.
    Exterior Features

    Garage Spaces 6.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Central Heating YN Yes Laundry Features Common Area Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.75 Community Features CurbsStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 148800.00 Gross Multiplier 14.75 Gross Scheduled Income 148800.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 104160.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 2 Operating Expense 44660.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 48384.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Michael Tootikian of Keller Williams Encino-Sherman Oaks and Stephanie Vitacco of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T00:30:29.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364607234-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364607234-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364607234-1.jpg
    Logo
    Keller Williams Realty
    ,