5942-5948 E Echo St | Los Angeles, CA 90042
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- LoopNet Team
5942-5948 E Echo St
Los Angeles, CA 90042
5 Units in Prime Highland Park · Multifamily Property For Sale · 5 Units
Investment Highlights
- 5 Unit Value-Add Multifamily Building Located in One of LA's Hottest Rental Locations - Highland Park. Strategically situated (1) Block S of Figueroa
- Year Built: in 1985 (3) Units were Built on Top of (2) Units that were constructed in 1923 - TOTAL of 5 Units
- Parking: (10) Parking Spaces Spaces Available
- Square Footage: ±4,000 Square Feet of Building Space • Lot Size ±7,243 Square Feet
- Unit Mix: Excellent Unit Mix of (3) 2 Bed & 1 Bath Units and (2) 3 Bed & 1 Bath Units
- Value Add ADU Possibility: Situated on an Expansive Lot - Allowing for the Possibility of ADU's - Buyer to Verify - Nearly ±214% Upside
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,000 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Parking Ratio | 1.5/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 3+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 5492-016-006 | Improvements Assessment | $408,000 |
| Land Assessment | $663,000 | Total Assessment | $1,071,000 |
PROPERTY TAXES
Parcel Number
5492-016-006
Land Assessment
$663,000
Improvements Assessment
$408,000
Total Assessment
$1,071,000
zoning
| Zoning Code | LARD2 (multifamily) |
| LARD2 (multifamily) |
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