Property · 2 recorded sales since 2020
Listing Agent: Ashrif Hammad (DRE #01700230) · Listing Office: COMPASS · Contact: (626) 205-4040 · Bought with: Brian Treitler · Nourmand & Associates-HW · MLS #P1-3563 · Source: CRMLS
Stabilized Fourplex at market rents conveniently located in the Filipinotown area of Echo Park, a neighborhood currently undergoing rapid gentrification. Built in 1963 and completed renovated in 2020, the complex offers a great mix with (one) 2 bedroom/2 bathroom unit, (one) 2 bedroom/1 bathroom unit and (two) 1 bedroom/1 bathroom units. Every unit has benefitted from a host of recent upgrades such as remodeled kitchens with new modern cabinetry, quartz counters, and new appliances, remodeled bathrooms with new vanities, tubs, and toilets, in-unit laundry, new HVAC and electrical wiring, and more. Covered parking and an electronic gated entry add to tenant convenience and safety. Investors stand to benefit from the security of a rent roll with a fully leased building at market rents
Listing description from the June 2021 sale, as reported to CRMLS.