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+15624180777
Berkshire Hathaway
310 N Bixel Street, Los Angeles, CA 90026
- $875,000
- 3
- BD
- 3
- BA
- 1,875
- SqFt
- List Price
- $875,000
- Status
- ACTIVE
- MLS#
- 26995045
- Year Built
- 1909
- Bedrooms
- 3
- Bathrooms
- 3
- Living Sq. Ft
- 1,875
- Lot Size
- 2,644
- Acres
- 0.06
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- Two Levels
Property Description
Echo Park Triplex | Value-Add & Development OpportunityExcellent investment opportunity in one of Los Angeles' centrally located neighborhoods. This tenant-occupied triplex features three separate 1-bedroom, 1-bathroom units, configured as a front duplex and a detached rear residence. Each unit has separate gas and electric meters. Beyond the existing rental income, the property offers value-add and potential development opportunities, allowing an investor to explore improving the existing units, increasing rental income, and potentially expanding or redeveloping the property, subject to zoning, permitting, and City of Los Angeles approval. The location is a major investment advantage, with close proximity to Downtown Los Angeles, placing tenants within easy reach of DTLA's employment, dining, entertainment, and cultural amenities, as well as Silver Lake, Los Feliz, Highland Park, and Hollywood. Three units. Prime Echo Park location. Current rental income. Value-add potential. Development upside. Exceptional proximity to Downtown LA.
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Additional Information
- Appliances
- Disposal, Refrigerator
- Pool Description
- None
- View
- City Lights
- Patio
- Porch
- Sewer
- Sewer Tap Paid
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Helen Steel (helensteelrealagent@gmail.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.