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  • Price$1,999,000
  • Beds8
  • Baths8
  • Sq. Ft.3,492
  • Built1923

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

Essential Information

  • MLS® #19452106
  • Price$1,999,000
  • Bedrooms8
  • Bathrooms8.00
  • Square Footage3,492
  • Acres0.00
  • Year Built1923
  • TypeResidential Income
  • Sub-TypeApartment Building
  • StatusActive

Amenities

  • Parking Spaces9

Additional Information

  • Date ListedApril 4th, 2019
  • Days on Market52
  • ZoningLARD1.5

Community Information

  • Address1920 Preston Ave
  • AreaSilver Lake - Echo Park (C21)
  • CityLos Angeles (City)
  • CountyLos Angeles
  • StateCA
  • Zip Code90026

Interior

  • Interior FeaturesOther
  • HeatingOther
  • CoolingOther

Listing Details

  • Listing AgentRich Johns(01432215)
  • Listing OfficeKw Commercial Studio City

Price Change History for 1920 Preston Ave, Los Angeles (City), CA (MLS® #19452106)

Date Details Price Change
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