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  • 1947 CLINTON ST LOS ANGELES
  • Listing Price: $1,584,000 Sold Price: $1,570,000
    Beds: 12  |  Baths: 4
    • MLS#: 13-714889
    • APN#: 5404-008-012
    • Status: Sold
    • Lot Size: 5498
    • Sq Ft: 5138
    • Beds: 12
    • Baths: 4
    • Style: N/A
    • Year Built: 1923
    • Subdivision:  
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: In Unit
    • Heat: Central
    • Air: Central
    • Listing Broker Offer of Compensation: Listing Broker Offer of Compensation
      Listing Broker Offer of Compensation is made only to participants of the MLS where the listing is filed
    • Property Type: Income
    • Sale Type: Standard
    • Land Type: N/A
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: N/A
    • Area: Silver Lake - Echo Park 
    • City: LOS ANGELES
    • Zip code: 90026
    • Map: 634/D1
    • View: N/A
    • Waterfront: N/A
    • Sewer: N/A
    • Parking # 4
    • Security: N/A
    •    
    • Amenities: N/A
    • Pool:
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Assigned

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The income property your buyers have been waiting for: Echo Park fourplex. Fully renovated (with permits) amazing units, including private outdoor space, in-unit washer/dryer, AC, dishwasher, garbage disposals, hardwood floors, designer tiling, etc.. High-quality tenants on modern leases with good security deposits. Priced at 11.5x annual rents and just over $300 / sq ft. Do the math: You get an attractive cash-on-cash return today, a 30-year fixed rate loan, and the opportunity to participate in on-going gentrification in LA's hottest apartment submarket. There's already rental upside in at least one unit (which we rented too quickly). Notices: 1. Please do not walk property or disturb tenants - anyone who does so will be excluded from the sale process. 2. Listing agent has an ownership interest in the property.
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Last Updated: 2/14/2014 12:26:27 PM
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