Rosano Partners is pleased to present the opportunity to acquire a six-unit apartment building located in the heart of Echo Park. Built in 1928, the subject property offers a unit mix of 6 one-bedroom one-bathroom units. Gas and electricity are separately metered, while water is mastered. The construction is made up of stucco and wood-frame and accommodates 2 garage parking spots, and up to 9 driveway parking
spots if parked tandem. All units come with hardwood floors, tiled bath/kitchens, living areas, large kitchens, and some with balcony views, washer/dryer hookups or faux fireplaces. A savvy investor can see that this is a rare opportunity to acquire a unique property with strong cash flow, and real long-term growth as the demand in Echo Park keeps reaching new limits.
The subject property is situated on 1724 Lucretia Avenue only a mile away from Elysian Park and Dodger Stadium.
1724 Lucretia Ave OM.pdf