Commercial Property — 940 New Depot, Echo Park, CA
$3,034,000
940 New Depot, Echo Park, CA
About this property
Beautifully maintained 7-unit multifamily property located in the desirable Echo Park neighborhood of Los Angeles. The property features a well-designed unit mix with functional layouts, along with gated on-site parking and shared laundry facilities. The building has seen improvements over time, contributing to its overall condition and supporting continued tenant appeal and operational performance.All units are currently occupied, providing immediate in-place rental income. Echo Park is known for its scenic surroundings, vibrant character, and strong sense of community. The area offers a unique blend of natural beauty and urban convenience, highlighted by Echo Park Lake, tree-lined streets, and a diverse mix of dining, cafes, and local shops. Its central location provides easy access to Downtown Los Angeles, major transportation routes, and surrounding neighborhoods. This is an excellent opportunity to acquire a well-located multifamily asset in one of Los Angeles’ most sought-after neighborhoods with long-term growth potential.
Property details
Location
940 New Depot • Echo Park, CA 90012
Listed by
Susie Achury · eXp Realty of Southern Ca, Inc