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1920 Preston Ave, Los Angeles (City)
THIS IS WHAT YOU HAVE BEEN LOOKING FOR ... 8-unit apartment building in the Echo Park Hills. Area is known for exceptional rent growth and low vacancy rates. Currently, the property features 6 apartment units - ownership in process of and will deliver 2 additional units in ready-to-issue permit status thus creating a total of 8 rental units. All units are One Bed One Bath. Parking for 9 vehicles. More than 35% rental upside. Two parcels of land totaling 10,500 SF.UNITS 1920 3/4 AND 1922 3/4 IN PROCESS OF BEING LEGALIZED. Contact L.A. for plans, drawings, etc. SEE ATTACHED FLYER(S) WITH RENT ROLL AND ADD'L INFO
- MLS® #19452106
- Square Footage3,492
- Year Built1923
- TypeResidential Income
- Sub-TypeApartment Building
- Parking Spaces9
- Date ListedApril 4th, 2019
- Days on Market52
- Address1920 Preston Ave
- AreaSilver Lake - Echo Park (C21)
- CityLos Angeles (City)
- CountyLos Angeles
- Zip Code90026
- Interior FeaturesOther
- Listing AgentRich Johns(01432215)
- Listing OfficeKw Commercial Studio City
Price Change History for 1920 Preston Ave, Los Angeles (City), CA (MLS® #19452106)
|Price Reduced (from $2,290,000)||$1,999,000||$291,000 (12.71%)|
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Last updated on May 26th, 2019 at 7:01am PDT