2140 Reservoir Street, Los Angeles, CA 90026
Property
Sold October 2024
Listing Agent: Jason Tuvia (DRE #01772495) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jason Tuvia · Marcus & Millichap · MLS #24424077 · Source: CRMLS
About this property
We are pleased to present a seven (7) unit apartment building located at 2140 Reservoir Street in Los Angeles, California. The subject property is located in a prime Echo Park location, north of Sunset Boulevard and west of N Alvarado Street. Built in 1963, this property contains a great unit mix of three (3) one-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units, and one (1) three-bedroom / two-bathroom unit. The property is situated on a hilltop offering select units a gorgeous view of Downtown and Echo Park Lake. Fully parked on-site parking is available for tenants at the rear of the property. Residents will adore living along a quiet residential street just one (1) block away from some of the trendiest retail, restaurant, and entertainment amenities situated on Sunset Boulevard. Some of these amenities include Mohawk Bend, Tierra Mia Coffee, CrossFit Echo Park, Bar Bandini, Taix French, and the Echoplex. Outdoor recreation is available within a short walking distance at Echo Park Lake. Situated in a prime Echo Park location, this offering presents an excellent opportunity for any investor to capitalize on nearly 150% rental upside potential at a very attractive basis.
Listing description from the October 2024 sale, as reported to CRMLS.
Sale history