Prime hip Silverlake/Echo Park neighborhood of Los Angeles with an easy commute to downtown Los Angeles, Hollywood, Glendale, Burbank, Pasadena and few minutes to shopping center. The apartment building is comprised of 6 units with one 2 bedroom/1bath and 5 one bedroom/1bath with assigned 6 carport parking spaces. All units are currently rented with well under market rates and all leases are on a month to month basis. Newer water heaters, newer paint, newer vinyl windows, ceramic tiles in most units. Well kept, self managed, low maintenance and long term tenants. This is an incredible investment with significant upside potential. New townhome/condo complexes have been built and/or under construction in the area. The property would be ideal for potential development. Excellent building in an extremely high rental demand area, A +, prime and central location. No laundry facility, however there is a storage room behind the building with washer/dryer hookups. The 2 bedroom unit also has washer/dryer hookups

Property Type: Multi-Family
Property Use: Other Commercial
Listing ID: NX6L3R
MLS ID: AR17254095
Style: Other Style
Area Demographics