1656 N ALVARADO ST, Los Angeles, CA, 90026

3 units located in prime Echo Park. The property was built in 1926 and contains 2,962 SF, sitting on a 7,500 SF lot zoned RD2-1VL. The unique unit mix features (1) 2-bedroom/1-bath, (1) 3-bedroom/2-bath, and (1) 5-bedroom/2-bath. There are three (3) garage/storage spaces at front of the property, and a huge backyard, both of which may offer ADU potential and additional revenue streams. Buyer to verify. The property is well maintained and is full of character. All units have their own washers/dryers and individual water heaters. Additionally, all units are individually metered for all utilities which substantially reduces operating expenses. No soft-story retrofit is required and there are no COVID balances or delinquencies. The property boasts an 82 Walk Score, "Very Walkable". This property is part of a 3-property portfolio consisting of 14 units in total. All properties can be purchased together or individually.