$4,500,000

1244 Innes Avenue, Los Angeles 90026

12

Beds

8

Baths

9,916

Lot Size

5

# Of Units

Listing Agent
Alan Lu - ALTC Realty

Presenting an amazing opportunity to purchase a turn key coliving or short term rental property featuring twenty seven bedrooms in the highly desirable area of Echo Park. This new construction project consists of a brand new four unit apartment building with five bedrooms and three and a half baths each in addition to a completely remodeled unit in the rear that has its own seven bedrooms. A semi below grade garage level also offers ample storage and the option for additional income from parking. Designed with efficiency and comfort in mind, each unit maximizes space and livability while also taking into account operator logistics such as cleaning closets, IT, and ample storage. Tenants will enjoy floor to ceiling windows, plenty of natural light, and modern curated finishes. Half of the units have access to a common area roof deck with sweeping views from DTLA to Hollywood, and amenities abound nearby. Dodgers Stadium is within walking distance, and coffee shops as well as the most popular restaurants are all within reach. Situated right in the midst of this thriving locale with an exceptionally strong rental market, do not miss this chance to purchase a turnkey building ready to generate income on day one.

Facts & Features

MLS® # AR23225195
Price $4,500,000
Bedrooms 12
Bathrooms 8.00
Lot Size 9,916
Year Built 2024
Type Residential Income
Sub-Type Apartment
Status Active
# Of Units 5

Community Information

Address 1244 Innes Avenue
Area C21 - Silver Lake - Echo Park
City Los Angeles
County Los Angeles
Zip Code 90026

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
Parking Spaces 10
Parking Garage
# of Garages 10
Garages Garage
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate
Interior Features High Ceilings, Open Floorplan
Appliances Gas Range, Dryer, Washer
Heating Central
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 3
Stories Three Or More

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed December 12th, 2023
Days on Market 135
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAlan Lu
OfficeALTC Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?