Property · 2 recorded sales since 2017
Listing Agent: Seth Hamilton (DRE #01897619) · Listing Office: Citivest Realty Services, Inc · Contact: 714-553-2001 · Bought with: Thomas Yong Kim · Apple Tree Realty · MLS #PW20031434 · Source: CRMLS
5 TOWNHOUSE UNITS IN ECHO PARK We are pleased to present another new construction five-unit property. Certificates of Occupancy have been issued for all units, and they are now turn-key and ready to rent. 2201 Court is in the Echo Park Neighborhood, which is adjacent to Silverlake, Koreatown, and Westlake and only a few minutes’ drive from Downtown. This area just south of the 101 Fwy has seen a dramatic change in the last two years, with the addition of many new coffee shops, restaurants, bars and new construction housing. Demand for rentals have skyrocketed in the neighborhood, and rents have followed. Here is an opportunity to purchase a new construction income property before apartment pricing follows neighborhood rents. As is with all of our properties, 2201 Court is a warrantied and Green Certified building offering the investor a trouble-free and low-maintenance investment. The tenants will enjoy private and spacious living in townhome style units with only one common wall, private laundry rooms in each unit, and motorized security gated parking. All units are separately metered for electricity, water, and gas. The common areas utilize a landlord’s water and power meter servicing water-efficient landscape and LED exterior lighting, all other utilities are paid by tenants. Please feel free to reach out to us with any questions regarding this opportunity, or regarding any of our other available new construction multifamily assets.
Listing description from the July 2020 sale, as reported to CRMLS.