Andres Diaz Keller Williams Downtown LA
This listing was posted on Andres Diaz Keller Williams Downtown LA (via ListedBuy).
$7,000,000
1615 Park Ave, Los Angeles, CA 90026 - MLS 23-289265
Price:
$7,000,000
BR/BA:
10+ BA
Location:
1615 Park Ave, Los Angeles, CA
Description:
Kingside Investment Group of Keller Williams Downtown Los Angeles is proud is present 1111 Echo Park Avenue, a luxuriously built 2020 new construction apartment building in Echo Park. The property is comprised of nine (9) one-bedroom units that vary in size from 740 square feet to 1,050 square feet and two (2) two-bedroom/two-bathroom units that measure 1,300 square feet. The property offers a superb location across Echo Park Lake and one block away from Sunset Boulevard. Each unit boasts private balconies, in-unit washer/dryer, and stainless-steel appliances. The apartment complex is fully leased and offers a prospective investor very attractive assumable financing in the amount of $4,500,000 with a fixed rate of 4.30% till 2027. 1111 Echo Park Avenue presents an opportunity to acquire a non-rent-controlled asset in a submarket that has little to no inventory for new construction development due to its harsh new development regulations and scarcity of land. Certificate of Occupancy was issued in March 2022 and the property has controlled access with an elevator and gated garage. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
13,260 sq. ft.
Amenities:
Elevator, Gated, Parking, Washer Dryer
For sale by:
Agent/Broker
Agent Name:
Andres Diaz Keller Williams Downtown LA
Posted:
February 11 on ListedBuy
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More About this Listing: 1615 Park Ave, Los Angeles, CA 90026 - MLS 23-289265
1615 Park Ave, Los Angeles, CA 90026 - MLS 23-289265 is a 10 Bathroom, 10+ BA, 15 Bathroom Multi-Family Real Estate for Sale at 1615 Park Ave in Los Angeles CA. Find other listings like 1615 Park Ave, Los Angeles, CA 90026 - MLS 23-289265 and listings near 1615 Park Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 15 Bathroom Multi-Family Real Estate for Sale in Los Angeles CA.
1615 Park Ave, Los Angeles, CA 90026 - MLS 23-289265 is a 10 Bathroom, 10+ BA, 15 Bathroom Multi-Family Real Estate for Sale at 1615 Park Ave in Los Angeles CA. Find other listings like 1615 Park Ave, Los Angeles, CA 90026 - MLS 23-289265 and listings near 1615 Park Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 15 Bathroom Multi-Family Real Estate for Sale in Los Angeles CA.