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Apartments For Sale • 9,336 SF
| Phenomenal Echo Park Location, Situated North of Sunset Blvd and Near Dodgers Stadium |
| Value-Add Opportunity: Over 48% rental upside (11.38% market cap rate) and Two (2) Units Delivered Vacant |
| Cash Flowing Asset: Strong Cash Flow Day 1 with Immediate Upside Potential |
| Attractive Basis: Just $124k/unit and $213psf, This is the Cheapest PPU and PPSF in the 90026 Zip |
| On-Site Laundry Facility Currently Leased with WASH Company |
| New Ownership Can Benefit from Implementing More Efficient Systems to Reduce Expense Burden and Grow NOI Before Any Rent Increases |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 4 min | - | 1.9 mi |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 6 min | - | 1.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 22 min | - | 14.6 mi |
| Los Angeles International | 27 min | - | 16.7 mi |
| Long Beach (Daugherty Field) | 33 min | - | 24.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |
Luc Whitlock
JLL
Luc Whitlock
JLL
