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ResidentialIncome — 626 N La Fayette Park Place, Los Angeles, CA

$1,350,000

626 N La Fayette Park Place, Los Angeles, CA

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About this property

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.

Property details

Square feet
3,660
Year built
1961
Property type
ResidentialIncome

Location

626 N La Fayette Park Place • Los Angeles, CA 90026

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Listed by

Kevin Kim · Good Members Investment