Location Location Location Echo Park Neighborhood.
This unique multi-family 4-unit property is ideally situated near Downtown Los Angeles, Chinatown, Silver Lake and Dodger Stadium. It offers excellent connectivity with convenient access to the #2, #5, #10, #101, and #110 freeways, the Gold Line, and multiple bus routes.
Unit Details: Each unit featuring 1 bedroom, 1 full bath, a dining area, living room, kitchen, laundry room, and detached 1-car garage. Amenities: Spacious floor plans, individual water heaters, and separate gas and electricity meters for each unit.
Occupancy:
3 out of 4 units are occupied by long-term tenants on month-to-month leases.
1 unit is move-in ready with new paint, new lights, and nice wood flooring, perfect for owner occupancy or immediate rental.
Investment Opportunity: Current rents of 3 units are below market value due to unadjusted rents, presenting a significant upside potential for market rental incomes.
This property offers a superb opportunity for investors or owner-occupants to capitalize on the rental market while enjoying a prime location in vibrant LA.
This unique multi-family 4-unit property is ideally situated near Downtown Los Angeles, Chinatown, Silver Lake and Dodger Stadium. It offers excellent connectivity with convenient access to the #2, #5, #10, #101, and #110 freeways, the Gold Line, and multiple bus routes.
Unit Details: Each unit featuring 1 bedroom, 1 full bath, a dining area, living room, kitchen, laundry room, and detached 1-car garage. Amenities: Spacious floor plans, individual water heaters, and separate gas and electricity meters for each unit.
Occupancy:
3 out of 4 units are occupied by long-term tenants on month-to-month leases.
1 unit is move-in ready with new paint, new lights, and nice wood flooring, perfect for owner occupancy or immediate rental.
Investment Opportunity: Current rents of 3 units are below market value due to unadjusted rents, presenting a significant upside potential for market rental incomes.
This property offers a superb opportunity for investors or owner-occupants to capitalize on the rental market while enjoying a prime location in vibrant LA.
Property Details
Price:
$799,999
MLS #:
WS24133819
Status:
Pending
Baths:
0
Address:
1137 Sunvue Place
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Jun 29, 2024
State:
CA
ZIP:
90012
Lot Size:
4,485 sqft / 0.10 acres (approx)
Year Built:
1939
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Schools
Interior
Fireplace Features
None
Exterior
Community Features
Urban
Garage Spaces
4.00
Lot Features
Cul- De- Sac
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address1137 Sunvue Place Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90012
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Courtesy of IRN REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1137 Sunvue Place
Los Angeles, CA
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