Homes for sale - 308 E Edgeware RD, Los Angeles, CA 90026

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Adam Elkebir

adame.rwallstars@me.com +1(909) 261-7375

$899,999

Est. payment - /mo

2 Beds

2 Baths

1,058 SqFt

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UPDATED:

11/01/2024 03:12 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,058 sqft

Price per Sqft $850

MLS Listing ID 24456443

Bedrooms 2

Construction Status Fixer,Repairs Major,Under Construction

HOA Y/N No

Year Built 1936

Lot Size 4,177 Sqft

Property Description

This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LACW

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Exterior

Garage Driveway, Private, Shared Driveway, Uncovered

Pool None

Community Features Gated

Parking Type Driveway, Private, Shared Driveway, Uncovered

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Rectangular Lot

Entry Level One

Level or Stories One

New Construction No

Construction Status Fixer,Repairs Major,Under Construction

Others

Senior Community No

Tax ID 5160020038

Security Features Gated Community

Special Listing Condition Standard

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Listed by Adam Armienta • Douglas Elliman

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Adam Elkebir

+1(909) 261-7375

Agent | License ID: 01240576

Agent License ID: 01240576

308 E Edgeware RD Los Angeles, CA 90026

Adam Elkebir

Adam Elkebir

Key Details

Location

Interior

Exterior

Building

Others

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308 E Edgeware RD