818-395-8053
940 New Depot St, Los Angeles, CA for Sale
Apartments - FOR SALE
1/31
null | Request Cap Rate

940 New Depot St
Los Angeles, CA 90012
Echo Park


HIGHLIGHTS

  • Prime Echo Park Location / Borders Chinatown
  • Close to Dodger Stadium and Convenient Freeway Access
  • Available Parking (Onsite and Street)
  • Fully Leased At Close To Market Rates
  • Great For Exchange Buyers!

OVERVIEW

District Realty Group, as exclusive broker, is pleased to present a chance to own a recently renovated, easy-to-manage, 7 unit apartment complex in the booming Echo Park area of Los Angeles, CA, directly adjacent to Downtown LA and Chinatown. Each unit consists of laminate flooring, granite countertops, new kitchens and appliances, new paint, and numerous other improvements. The property is ideally located just steps from two of Echo Park’s largest future developments, “Sunset/Everett” and “The Metropolitan Water District Project”, boasting 982 residential units, a boutique hotel, and exciting new commercial space. The area is also characterized by strong household incomes and heavy automobile traffic. The apartment is conveniently located within walking distance to The Orsini, CVS, EVANS Adult College, Eastside Deli Market, Mexicali Restaurant, Orsini, Burger King, CVS, Jack n the Box, Dodger Stadium, close to the freeway. *ATTRACTIVE EXISTING LOAN MAY BE ASSUMABLE SUBJECT TO CONDITIONS

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

7

CAP RATE

Request Cap Rate

% LEASED

57%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PRIME ECHO PARK 7 UNIT - FULLY LEASED!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1983

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAR4

APN/PARCEL ID

5406-029-002

ASK ABOUT THIS PROPERTY

Eon LewDistrict Realty GroupMore Info
818-395-8053

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Eon LewDistrict Realty GroupMore Info
818-395-8053

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.