940 New Depot,Echo Park, CA 90012
Echo Park, CA 90012
Description
Beautifully maintained 7-unit multifamily property located in the desirable Echo Park neighborhood of Los Angeles. The property features a well-designed unit mix with functional layouts, along with gated on-site parking and shared laundry facilities. The building has seen improvements over time, contributing to its overall condition and supporting continued tenant appeal and operational performance.All units are currently occupied, providing immediate in-place rental income. Echo Park is known for its scenic surroundings, vibrant character, and strong sense of community. The area offers a unique blend of natural beauty and urban convenience, highlighted by Echo Park Lake, tree-lined streets, and a diverse mix of dining, cafes, and local shops. Its central location provides easy access to Downtown Los Angeles, major transportation routes, and surrounding neighborhoods. This is an excellent opportunity to acquire a well-located multifamily asset in one of Los Angeles' most sought-after neighborhoods with long-term growth potential.
Details
| MLS # | PW26074728 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 185 |
| Listing Provided By | eXp Realty of Southern Ca, Inc | Susie Achury |
Features
| SQ Feet | 6,060 |
|---|---|
| Story(s) | 2 |
| Units | 7 |
| Building(s) | 1 |
| Acreage | 0.14 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Asphalt, Shingle |
|---|---|
| Security Features | Security Gate |
| Construction Materials | Stucco |
| Lot Features | Six To Ten Units Acre, Level |
| Topography | Level |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard, Volts220 |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Echo Park |
| Zip Code | 90012 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90012) | |
Price: $2,999,998 low | high Med: $1,500,000 sqft: 6,060 low | high Med: 4,980 $ / sqft: $495 low | high Med: $299 On site: 185 low | high Med: 265.5 | |
Market Activity 90012
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Echo Park |
| Zip Code | 90012 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90012) | |
Price: $2,999,998 low | high Med: $1,500,000 sqft: 6,060 low | high Med: 4,980 $ / sqft: $495 low | high Med: $299 On site: 185 low | high Med: 265.5 | |
 | $2,700,000830 E Edgeware RoadLos Angeles, CA 90026 |