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1416 ECHO PARK Avenue, Los Angeles, CA 90026

Property Details

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1416 ECHO PARK Avenue
Los Angeles, CA 90026

For Sale: $9,200,000

Property Type: Commercial Apartments
MLS#: 18408116

  • Building Size: 17740 SF
  • Lot Size: 16418 SF
  • Number of Units: 32
  • Number of Stories: 3
  • Year Built: 1908
  • Days on market: 29
  • Cap Rate: 4.00
  • Net Operating Income: $364,484
  • Gross Scheduled Income: $587,840
  • Rent Control: No
  • GRM: 15.70
  • Contact Listing Agent Direct:
  • Rich Johns, KW Commercial Studio City


Property Description

We are pleased to present Echo Park (90026), one of LA's most dynamic neighborhoods. The building was built in 1923 and has a unit mix of One (1) Three Bedroom - One Bathroom, One (1) Two Bedroom - One Bathroom and Twenty-Three (23) One Bedroom - One Bathroom and Seven (7) Single - One Bathroom apartment homes situated on a 16,418 sq ft corner lot. The property has significant upside potential in rents, excellent street frontage on Echo Park Avenue, gated entries, common area laundry and city views from many upper units. The property features hardwood floors, remodeled kitchen and baths and updated electrical panels, and 13 garages. Please contact listing agent for Full Marketing Package.


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1416 ECHO PARK Avenue, Los Angeles, CA 90026

Based on information from California Regional Multiple Listing Service, Inc. as of November 23, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Rich Johns, KW Commercial Studio City

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