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2142 Baxter St
Los Angeles, CA 90039
Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Rental Income Property
- Excellent location
- Large lot with development potential
EXECUTIVE SUMMARY
Located in Echo Park's coveted Elysian Heights, this upgraded 3-unit property on a 7,405 sq.ft. lot offers rare investment potential, immediate income, and long-term appreciation. The building includes two 1-bedroom, 1-bath units and a bright studio, all featuring refinished hardwood floors, updated kitchens and baths, modern appliances, gated entry, and digitally controlled air-conditioning. Recent improvements include exterior paint, repaved driveways, upgraded shared laundry, and professional landscaping. Just minutes from Downtown Los Angeles, Silver Lake, Elysian Park, Dodger Stadium, and major freeways, the property benefits from strong tenant demand and neighborhood stability. Elysian Heights is celebrated for hillside views, tree-lined streets, and proximity to Bellevue Elementary and Thomas Starr King Middle. The lush lot includes avocado, orange, apple, persimmon, and peach trees with blackberry bushes, creating a private and serene setting. With its combination of location, thoughtful upgrades, and income potential, this triplex represents a smart, safe, and secure investment in one of Los Angeles' most desirable neighborhoods.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $2,550 | - |
| 1+1 | 2 | $2,490 | - |
| Studios | 3 | $1,750 | - |
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