We are pleased to present a six unit multifamily property located in Echo Park, California. Situated at 920 Everett Street, in between Sunset Boulevard and Stadium Way just southwest of the Dodger Stadium, the property is well positioned in a great location within Echo Park.Constructed in 2000, this non-rent controlled property hosts a streamlined unit mix of (6) one bedroom/two bathroom units. Each unit comes complete with a den. There is over 40% of upside in the rents. The square footage on title is 2,482 SF, however the seller believes the building is at least 3,450 SF. Buyer to verify the exact square footage. Ten parking spots on-site. Finally, this is the first time that the property is being offered on the market by the original developers.Well positioned in a prime Echo Park location, this offering presents an excellent opportunity for a savvy investor to capitalize on strong market fundamentals and immediate upside rental potential in a rare non-rent controlled property.
Based on information from California Regional Multiple Listing Service, Inc. as of August 18th, 2019 at 1:42am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.