626 N La Fayette Park Place, Los Angeles, CA 90026
- $1,350,000
- 3,660
- SqFt
- List Price
- $1,350,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 26832611
- Year Built
- 1961
- Living Sq. Ft
- 3,660
- Lot Size
- 7,197
- Acres
- 0.17
- Days on Market
- 79
- Property Type
- Multifamily
- Style
- Mid-Century Modern
- Stories
- Multi Level
Property Description
Exceptional investment opportunity in the highly desirable Silver Lake-Echo Park area! Well-maintained 6-unit income property featuring an attractive unit mix of (2) 2-bedroom/1-bath units, (2) 1-bedroom/1-bath units, and (2) studio/1-bath units, offering strong rental demand and stable income potential. Pride of ownership asset with long-term tenants providing consistent occupancy and reliable cash flow. Major capital improvements include re-piping completed in 2017, an electrical upgrade in 2025, and a newer roof installed in 2013, minimizing future maintenance concerns. Ideally located near popular dining, shopping, parks, Downtown LA, and major transportation routes in one of Los Angeles' most sought-after rental markets. Excellent upside potential. Do not disturb occupants. Drive-by only.
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Additional Information
- View
- Trees/Woods
- Exterior Construction
- Stucco
- Sewer
- Other
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
Listing courtesy of Listing Agent: Kevin Kim (kevinrealty11@gmail.com) from Listing Office: Good Members Investment.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.