1264 W COURT Street

Los Angeles , CA 90026

MLS#: 14790405

$879,000

Status: Closed
Listing number: 14790405
Listing provided by: Rosano Partners
Listing agent phone: None
Last update: 2 years ago
On site: 10 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1914

Sq.Footage

N/A

We are pleased to present the opportunity to acquire a four-plex located in the heart of Echo Park. Built in 1914 the subject property offers a unit mix of 1 four-bedroom two-bathroom, 2 one-bedroom one-bathroom, and 1 two-bedroom one-bathroom. Gas and electricity are separately metered while water is mastered. The property has been maintained by the owner as he converted 50% of the plumbing to copper. The construction is made up of stucco and wood-frame and accommodates 5 parking spots for on-site tenants. The average rent per square foot is $1.30 while the market rent is more than $1.71 per square foot depending on improvements and finishes. With rents being 23.9% below market in a location that is continuing to gentrify, a savvy investor can understand why they don't want to miss this opportunity. PLEASE DO NOT DISTURB TENANTS.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

Exterior

  • Garage

    No

  • Parking

    Driveway

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.161

  • Property Type

    Residential Income

Price

  • Sales Price

    $879,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

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Location

County

Los Angeles

Elementary School

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Listing Courtesy of Sagiv Rosano , Rosano Partners

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We are pleased to present the opportunity to acquire a four-plex located in the heart of Echo Park. Built in 1914 the subject property offers a unit mix of 1 four-bedroom two-bathroom, 2 one-bedroom one-bathroom, and 1 two-bedroom one-bathroom. Gas and electricity are separately metered while water is mastered. The property has been maintained by the owner as he converted 50% of the plumbing to copper. The construction is made up of stucco and wood-frame and accommodates 5 parking spots for on-site tenants. The average rent per square foot is $1.30 while the market rent is more than $1.71 per square foot depending on improvements and finishes. With rents being 23.9% below market in a location that is continuing to gentrify, a savvy investor can understand why they don't want to miss this opportunity. PLEASE DO NOT DISTURB TENANTS.

1264 W COURT Street

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