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1412-1416 Echo Park Ave
Los Angeles, CA 90026
Premier Offering Located near Sunset Blvd. · Multifamily Property For Sale
·
32 Units

Property Facts
| No. Units | 32 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 17,740 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1923 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 17,740 SF |
| No. Stories | 3 |
| Year Built | 1923 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | LAR3 |
About 1412-1416 ECHO PARK AVE , LOS ANGELES, CA 90026
KW Commercial is pleased to present The Big Mama Court located 1416 Echo Park Avenue, a charming 32-unit investment opportunity located in Echo Park (90026), one of LA’s most dynamic neighborhoods. The building was built in 1923 and has a unit mix of One (1) Three Bedroom – One Bathroom, One (1) Two Bedroom – One Bathroom and Twenty-Three (23) One Bedroom – One Bathroom and Seven (7) Single – One Bathroom apartment homes situated on a 16,418 sq ft corner lot. The property has significant upside potential in rents, excellent street frontage on Echo Park Avenue, gated entries, common area laundry and city views from many upper units. The property features hardwood floors, remodeled kitchen and baths in good number of units, updated electrical panels, and 13 garages. It is located in ultra-hip Echo Park submarket of Los Angeles, ideally situated north of the 101-Freeway and north of Sunset Blvd. This is truly one of the most desirable and walkable pockets of Los Angeles, as it is walking distance to the lively restaurants and bars on Sunset, boutique businesses and beautifully renovated Echo Park Lake. It is a short bike ride from downtown L.A., Silver Lake and Los Feliz. It's also surrounded by four major freeways, the 5, 2, 110 and 101.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
| 1+1 | 23 | - | - |
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5419-024-033 | Improvements Assessment | $3,280,937 |
| Land Assessment | $6,561,876 | Total Assessment | $9,842,813 |
Property Taxes
Listing ID: 14618695
Date on Market: 12/12/2018
Last Updated:
Address: 1412-1416 Echo Park Ave, Los Angeles, CA 90026
The Echo Park Multifamily Property at 1412-1416 Echo Park Ave, Los Angeles, CA 90026 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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