316 Columbia Ave., Los Angeles, CA 90017 - 20626742 - iPro Real Estate

316 Columbia Ave.
Los Angeles, CA 90017

Deleted, Multi-Family/Income Sale

For Sale

$1,249,999

Free Professional CMA

Listing ID : 20626742

  • Beds

    1
  • Year

    1953

Description

Situated just a short distance to Echo Park and downtown, sits this opportunity to have a great building in your portfolio to later develop if wanted.With the ability to build up to 15 units on this large lot, there is tremendous potential given its R3 zoning. Currently 6 units total (4 singles and 2 one bedrooms) with no vacancies or late rents all of which being long term. Two separate structures with plenty of onsite parking (8 total spaces). Below market rents with plenty of upside and low operating c

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5153026006
Net Operating Income: $31,143 
Number of Units: 6 
Property Type: Residential Income 
Roof: Composition 
Sub Type: Multi Family 
Zoning: LAR3 

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34.058788 -118.264572 $1,249,999 20626742
316 Columbia Ave., Los Angeles, CA 90017
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Listed by Alex 'Zan' Sacker with Keller Williams-Santa Monica