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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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
36.93%Female
Households:
10,38314.87% with children
Average Value:
$634,254
Occupancy:
11.87%Owned
88.13%Rented
9.6%Vacant
88.13%Rented
9.6%Vacant
Education:
20.65%High School
4.46%Associate
15.07%Bachelor
7.85%Graduate
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
