Description
Introducing an amazing investment opportunity in the heart of Echo Park - an 8 unit multi-family property located just minutes away from downtown LA and major freeways such as 110, 101, and 2. This property is on a street-to-street lot and includes 2 separate 2-story buildings. One of the buildings is located at 427 Firmin St and is comprised of 4 spacious 2-bed, 1-bath units of approximately 1200 sqft each. The other building is located at 426 N Bixel St and is comprised of 4 spacious 1-bed, 1-bath units of about 800 sqft each. This fully tenant occupied property offers incredible potential for generating long-term passive income and appreciation or development. The property is situated on a quiet street nearby local shops, restaurants, cafes, parks, and libraries. With its prime location, this property offers an incredible opportunity for investors looking to capitalize on the reliable rental market in Los Angeles. Whether you're a seasoned investor or new to the game, this property is a must-see. Don't miss out on this amazing opportunity to own a piece of Echo Park real estate!
Location
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$749,985
2
2
980 Sq ft
ACTIVE
MLS# 23-274119
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"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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 2nd June, 2023 2:19 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 2nd June, 2023 2:19 AM (UTC)
Listing Agent: Gina Canzona
Listing Office: Compass
