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Drake Cruz

drake@drake4homes.com +1(562) 884-9016

$ 1,350,000

Est. payment | -/mo

3,660 SqFt

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$ 1,350,000

Est. payment | -/mo

Save

3,660 SqFt

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,660 sqft

Price per Sqft $368

MLS Listing ID 26832611

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1961

Lot Size 7,196 Sqft

Property Description

Exceptional investment opportunity in the highly desirable Silver Lake-Echo Park area! Well-maintained 6-unit income property featuring an attractive unit mix of (2) 2-bedroom/1-bath units, (2) 1-bedroom/1-bath units, and (2) studio/1-bath units, offering strong rental demand and stable income potential. Pride of ownership asset with long-term tenants providing consistent occupancy and reliable cash flow. Major capital improvements include re-piping completed in 2017, an electrical upgrade in 2025, and a newer roof installed in 2013, minimizing future maintenance concerns. Ideally located near popular dining, shopping, parks, Downtown LA, and major transportation routes in one of Los Angeles' most sought-after rental markets. Excellent upside potential. Do not disturb occupants. Drive-by only.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Fireplace No

Exterior

Parking Features Carport, On Street, Uncovered

View Y/N Yes

View Trees/Woods

Total Parking Spaces 5

Building

Story 2

Entry Level Multi/Split

Sewer Other

Water Public

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5402007012

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kevin Kim Good Members Investment #01358939

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA, 90803, USA

626 N La Fayette Park PL Los Angeles, CA 90026

Drake Cruz

Key Details

Location

Interior

Exterior

Building

Others

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626 N La Fayette Park PL