940 New Depot new Save Request In-Person Tour Request Virtual Tour
Echo Park,CA 90012
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25241258
Year Built 1983
Lot Size 6,089 Sqft
Property Sub-Type Multi Family
Property Description
Beautifully maintained 7-unit multifamily property located in the desirable Echo Park neighborhood of Los Angeles. Built in 1983, this ±6,060 square-foot building sits on a ±6,091 square-foot LAR4-zoned lot and features a well-designed mix of spacious units with gated on-site parking and shared laundry facilities.
The property has received recent upgrades to both the exterior and interior units, enhancing overall appeal and tenant satisfaction. It offers stable income performance with room for long-term appreciation and future value growth.
Ideally positioned near Downtown Los Angeles, major transportation routes, restaurants, and neighborhood conveniences, this property presents an exceptional opportunity to own a quality multifamily asset in a prime Los Angeles location.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Laundry Common Area
Exterior
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Roof Type Asphalt,Shingle
Building
Lot Description 6-10 Units/Acre,Level
Story 2
Water Public
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard