4124 Monroe St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,605 sqft
Price per Sqft $456
MLS Listing ID 25578059
Bedrooms 8
Year Built 1948
Lot Size 10,869 Sqft
Acres 0.2495
Property Sub-Type Multi-Family
Property Description
Representing a remarkable OPPORTUNITY ZONED 7-unit apartment building with 90% current market rents. This property features 6 upgraded 1 bed/1 bath units, and one 2 bed 1 bath unit. Each has its own washer and dryer. 6 units have been thoughtfully upgraded showcasing open layouts that enhance the living space. ALL UNITS HAS ITS OWN PARKING. Located in a bustling hip neighborhood, on the edge of Silverlake-one of the trendiest areas in LA. This property benefits from excellent walkability to popular, trendy cafes and restaurants. The combination of upgraded units and a thriving location offers significant potential for rental income growth, making this apartment building an excellent opportunity for savvy investors looking to expand their portfolio in a high-demand location which is only 5-10 min drive to Hollywood, Los Feliz, Downtown, Koreatown, Echo Park. It doesn't get much more central in terms of location! Don't miss your chance to capitalize on this unique investment opportunity!
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Flooring Tile, Laminate
Fireplaces Type Living Room
Equipment Dishwasher, Dryer, Washer, Range/Oven
Laundry In Unit
Exterior
Parking Features Garage Is Detached, Driveway
Garage Spaces 7.0
Pool None
Roof Type Asphalt
Building
Story 1
Level or Stories One
Structure Type Stucco
Others
Special Listing Condition Standard