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House with pool Los Angeles (United States)by sotheby's international realty - los feliz brokerage

House with poolLos Angeles (United States)
Price :
$2,100,000
bedrooms7 land627

This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.

Advertiser reference : JF4ZNQLe Figaro Properties reference : 73557348

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House with pool Los Angeles (United States)

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Emily Johnson

sotheby's international realty - los feliz brokerage
1801 North Hillhurst Avenue90027 Los Angeles (United States) All the listings of this agency

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