ECHO PARK DUPLEX – EXCELLENT INVESTMENT OPPORTUNITY!
Rare opportunity to own a duplex in the highly desirable Echo Park neighborhood of Los Angeles! This income-producing property offers two separate residential units, providing excellent potential for rental income, owner occupancy, or multigenerational living. Ideally situated near Echo Park Lake, trendy restaurants, shopping, entertainment, and Downtown Los Angeles. Enjoy the convenience of an established urban neighborhood with easy access to major freeways and transportation. Whether you're an investor looking to expand your portfolio or an owner-user seeking additional rental income, this duplex offers tremendous potential in a prime Los Angeles location. A great opportunity to own in one of LA's most sought-after neighborhoods!
Property Sub Type:
Duplex
Property Attached:
Yes
Lot Area:
3,225 sq. ft.300 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1921
(Age: 105)
General Listing Location:
Los Angeles, 699 - Not Defined
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$22,824
Gross Scheduled Income:
$1,902
Net Operating Income:
$20,424
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$1,200
Fuel Expense:
$0
Insurance Expense:
$1,000
Operating Expense:
$200
Trash Expense:
$0
Water and Sewer Expense:
$1,200
Tax Lot:
5
walkway located at end of montana st and echo park