1126 White Knoll Dr 5 Unit Apartment Building $1,100,000 ($220,000/Unit) 4.10% Cap Rate Los Angeles, CA 90012

Perched on a corner lot above Dodger Stadium with views of DTLA and Elysian Park, this 5-unit apartment building offers a rare combination of location, stability, and upside. Sitting atop a quiet hillside street, the property features a desirable mix of two (2) studios and three (3) 1 bed / 1 bath units, appealing to a wide range of renters drawn to the neighborhood's energy and proximity to DTLA. Recent improvements include a brand-new roof and updated windows and flooring in two units, setting the stage for future enhancements and long-term growth. Several units present value-add potential for investors looking to further elevate rents in one of Los Angeles' strongest rental submarkets. Residents enjoy fast access to Echo Park Lake, Sunset Blvd dining and nightlife, major freeways, and front-row views of fireworks lighting up Dodger Stadium all season long. Whether held as a cash-flowing asset or repositioned for additional upside, this Echo Park hillside 5-unit is a rare opportunity in an iconic Los Angeles location.