House buy in Dayton Avenue California

We are pleased to present a six (6) unit apartment building located at 1607 Lake Shore Avenue in Los Angeles, California. Situated in a prime Echo Park location, this is one (1) of a three (3) property portfolio which may be sold together or separately. Built in 1931, this property contains an incredible unit mix of two (2) one bedroom / one bathroom units, three (3) two bedroom / one bathroom units, and one (1) five bedroom / two bathroom unit. This well-maintained, craftsman style building offers tons of character with no soft-story retrofit required. Each unit has its own private, detached bungalow style building featuring in-unit washer/dryers, individual water heaters, & fully separate meters for all utilities. The property recently passed LA Housing SCEP Inspections. The large 11,900 square foot lot boasts plenty of yard space, decks, patios, one (1) storage space with potential to convert into an ADU unit, fresh landscaping, and much more. Three (3) units lay along Lake Shore Avenue, the other three (3) lay along Lobdell Place, offering separate addresses for each. Tenants will love living in a quiet residential pocket adjacent to the trendiest retail, restaurant, and entertainment amenities available in Los Angeles. Offered as part of a three (3) property Echo Park portfolio, 1607 Lake Shore Avenue offers an investor very high initial cash flow on a double lot with remaining upside potential. MLS® ID: 22198759 Listed: 9/1/22 Updated: 10/14/22 Interior Features Kitchen Appliances: Built-In, Refrigerator, Dryer, Washer Total Bedrooms: 13 Total Bathrooms: 7 Heating: Wall Furnace Exterior/Building Features Lot Size: 0.27 acres lot Exterior Features: Rear Porch, Deck, Enclosed, Front Porch Architectural Style: Cottage Lot Details: Back Yard, Front Yard, Lawn, Secluded Other Property Details Area Name: C21 - Silver Lake - Echo Park HOA Amenities: Gated Garage: No Parking: None View: N County: Los Angeles Pool: No Pool Description: None Total Stories: 2 Zoning: LARD3 Courtesy of Marcus & Millichap, Jason Tuvia, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/14/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.