2 Story 20 Unit Multi Family Apartment in Desirable Area Near Echo Park
Major Cross Streets Beverly Bl and Union
Close to Echo Park, Silverlake, Ktown and DTLA

Property consists of a 2 story 20 unit apartment that were recently renovated with all bright and huge units with brand new stainless steel appliances including microwave and dishwasher. All units have high ceilings, beautiful dark hard woods and oodles of cabinet space, and split a/c. Property is just a hop to the Echo Park's awesome Lake, restaurants, coffee houses, bars, shops and music venues - and all the goodies of Silverlake are close too! The ramp to the 101 / 110 is literally right down the street and Griffith Park, The LA River bike path, Dodger Stadium, Chinatown, Los Feliz and Frogtown are all about 15 minutes away from property.

OFF MARKET AND REDUCED $250K -
15252 SF Building on 14350 SF Lot - Built 1963
Unit Mix (4)2+1, (12) 1+1 and (4) Singles
2 Studio Units Vacant
Current Monthly Income $32,370
Monthly Proforma Income at $45,072
WAS ASKING $5,500,000
NEW ASKING PRICE $5,250,000
LOOKING FOR ALL OFFERS
POSSIBLE OWNER FINANCING