Investor's dream! 5 Units RTI Ready in Silver Lake Echo Park!! The lowest price in Echo Park for a project in this category, and it's an excellent opportunity for multi-unit investors/developers. 2 units of 6bed-5bath, 2 units of 5bed-4bath, and an ADU 3bed-3bath with 2 parking spots for each unit. Listing Price: $1,599M, Estimated Construction Cost: 1.4M, and Estimated Gross Development Value: Minimum of $5.25M. The property is currently two furnished units with a running Airbnb rental that is generating a 6-8K cash flow until construction begins. Plans and permits will be sent upon request.
Listing Agent: Khanjani Realty Group 02021891 Courtesy of: Sync Brokerage "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Updated: 1st February, 2023 5:52 PM (UTC)