Los Angeles, CA 90026,308 E Edgeware Rd
Los Angeles, CA 90026,308 E Edgeware Rd
Los Angeles, CA 90026,308 E Edgeware Rd
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$799,999
Est. payment /mo
2 Beds
2 Baths
1,058 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,058 sqft

Price per Sqft $756

MLS Listing ID 25608661

Bedrooms 2

Construction Status Fixer, Repair Cosmetic, Repairs Major, Under Construction

Year Built 1936

Lot Size 4,179 Sqft

Acres 0.0959

Property Sub-Type Multi-Family

Property Description

This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LACW

Rooms

Other Rooms None

Interior

Interior Features Basement

Heating Wall

Cooling Wall Unit(s)

Equipment None

Laundry None

Exterior

Parking Features Driveway, Driveway Gate, Uncovered, Shared Driveway, Private

Garage Spaces 4.0

Pool None

Building

Lot Description Fenced, Lot Shape-Rectangular

Water Public

Level or Stories One

Construction Status Fixer, Repair Cosmetic, Repairs Major, Under Construction

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Douglas Elliman of California, Inc.

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Kirshner Elkin Properties

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