940 New Depot St., Los Angeles, CA 90012 - 20613120 - iPro Real Estate
iPro Real Estate

iPro Real Estate

940 New Depot St.
Los Angeles, CA 90012

Active, Multi-Family/Income Sale

For Sale

$3,150,000

Free Professional CMA

Listing ID : 20613120

  • Beds

    7
  • Year

    1983

Description

Recently renovated, easy-to-manage, 7 unit apartment complex in the booming Echo Park area of Los Angeles, CA, directly adjacent to Downtown LA and Chinatown. High upside in lowering expenses! Each unit consists of laminate flooring, granite countertops, new kitchens and appliances, new paint, and numerous other improvements.The property is ideally located just steps from two of Echo Parks largest future developments, Sunset/Everett and The Metropolitan Water District Project, boasting 982 residential uni

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5406029002
Net Operating Income: $166,069 
Days on Market: 691 
Appliances: Refrigerator 
Number of Units: 7 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LAR4 

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Interactive

34.065643 -118.246178 $3,150,000 20613120
940 New Depot St., Los Angeles, CA 90012
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Area Information 90012

Population:

31,905 Up .03% since 2010
Average Income:
$59,856
Average Age:
39Years
Gender:
63.07%Male
36.93%Female
Households:
10,38314.87% with children
Average Value:
$634,254
Occupancy:
11.87%Owned
88.13%Rented
9.6%Vacant
Education:
20.65%High School
4.46%Associate
15.07%Bachelor
7.85%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
15.88Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average
Wind Risk:
Very Low

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Listed by Eon Lew with District Realty Group