Multi Unit Apartment with Lake Views in Echo Park
Major Cross Streets Sunset and Echo Park

Property is comprised of multiple hillside structures in the desirable Echo Park on the lake. Some units come with balconies, porches, indoor and out door laundry areas and with great lake views.
PROPERTY A MIX AND INCOME
Total of 3900 SF on a 5004 Lot - Built 1941
Unit #1 - 3+2 is now vacant and can be rented at $2500
Unit #2 - 3+2 which has been split to a 2+1 and and a vacant 1+1 rented at $1326
Unit #3 - Studio and rented at $598
Unit #4 - 3+1 and rented at $1014
Current Total Monthly Income at $3,896
PROPERTY B INCOME DETAILS
392 SF 2 Story Home on 2500 SF Lot - Built 1933
Vacant and can be rented at $2000 per month

Total of 3 vacant units
Lots of rental upside available
Monthly Proforma Income at $12,500
Value of property at $2,300,000
Tenants are aware of the sale and buyer
can negotiate cash for keys after COE