146-150 Douglas St - Apartments FOR SALE


Los Angeles, CA 90026- City West
$3,800,000 USD
146-150 Douglas St, Los Angeles, CA for Sale
$3,800,000 USD
Apartments - FOR SALE
1/10
null | 5.3% Cap Rate

146-150 Douglas St
Los Angeles, CA 90026
City West


HIGHLIGHTS

  • Easy connectivity to the 101 and 110 freeways, offering quick access to key destinations across Los Angeles.
  • Abundant Retail and Dining Options
  • Desirable Echo Park Location - Close to the renowned Echo Park Lake, one of Los Angeles' most beloved landmarks.
  • Stunning Views
  • Two Parcels - No on-site manager is required, streamlining operational management.
  • Significant Upside Potential - Offers substantial opportunities for rental and value appreciation in a growing market.

OVERVIEW

Prime Freeway Access: Convenient access to both the 101 and 110 freeways, providing seamless connectivity throughout Los Angeles. Retail and Dining Amenities: Located near a variety of boutique shops, restaurants, and local services, enhancing resident lifestyle and convenience. Amazing Eco Park Location close to world famous Eco Park Lake. Scenic Views: Select units may offer picturesque views of the iconic Echo Park neighborhood and surrounding landscapes. 2 Parcels- No onsite manager needed. Tremendous Upside Potential. Walkscore.com Rates 146-150 Douglas St Very Walkable; Most errands can be accomplished on foot.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

24

PRICE/UNIT

$158,333

CAP RATE

5.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

150 Douglas St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,601 SF

ZONING

LACW

APN/PARCEL ID

5160-014-008,5160-014-009

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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