Prime Echo Park

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Agent Name: Greg Bender Agent Phone: 323-671-1280 Agent Fax:   E-mail Address: GregBenderLA@Gmail.com Website: http://www.GregBenderLA.com

Saved Search: "Prime Echo Park" has returned the following listings:

316 N BIXEL ST  LOS ANGELES, CA 90026 $635,000 Active 14-747145 New Listing

Area:  (21) Silver Lake - Echo Park Subdivision: Property Type:  Residential Income # of Units:  8 Gross Rent Multiplier:  13.93 Lot Size:  3,276/VN Building/Living Area:  3,704/VN Land Type: Unit Type: Apts Equipment:  Other

Remarks:  Situated south of West Temple Street and east of Glendale Boulevard, the property is well positioned in an attractive Echo Park location. Echo Park is east of Hollywood and west of Downtown Los Angeles in a very desirable area. Nearby amenities include the Echo Park Lake, trendy cafes, shops, and restaurants. As a continuously redeveloping area with attractive amenities, Echo Park attracts young professionals, and new families who are moving east, which has supported rent growth and strong occupancy. Built in 1910, the subject property presents a unit mix of four single units and four one-bedroom/one-bathroom units.The property is separately metered for gas and electricity. Due to its vintage, the property is subject to the Los Angeles Housing Department's Rent Stabilization Ordinance. Offering huge rental upside potential, an investor can capitalize on the value-add opportunity in a strong location adjacent to Downtown Los Angeles.

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2014 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed. This email was sent by Greg Bender CalBRE# 01725209 (GregBenderLA@Gmail.com). To unsubscribe, please click here.