Is your real estate agent going the extra mile?
Find out
MLS® ID: 19-456158

1426 W Sunset

Los Angeles, California, 90026

$1,450,000 Active
  • 4 Beds
  • 3816 SQFT
We've bee selected to exclusively market for sale a four (4) unit building, plus one (1) non-conforming unit, located in one of the most sought-after rental neighborhood's in Los Angeles, Echo Park. The investment property sits on the famed Sunset Boulevard on a 6,504 SF lot with C2-1VL zoning, making the offering an attractive development opportunity. The asset is currently surrounded by many new construction properties and proposed development projects nearby on Sunset Boulevard. The 1922 built value-add building consists of four (4) large one-bedroom/one-bathroom, which all include a living room plus a den, and dual-entrances for each unit. The charming spacious units are approximately 930 square feet each. An investor can acquire and look to tap into the substantial upside in rents though renovation programs, bringing the non-conforming unit in compliance, or redevelopment. A developer can also count on the $68,376 gross annual rents while preparing for the future development.
Read More

Listing courtesy of Marcus & Millichap

Amenities

  • Zip
    90026
  • Office name
    Marcus & Millichap
  • SQFT
    3816
  • Bedrooms
    4
  • Property type
    Residential Income
  • Zoning type
    LAC2
  • Year built
    1922
  • Lot size
    6505
  • Heating
    Other
  • Tax year
    0
  • Agent name
    Sean Namigohar
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    3500-4000 sq ft.
  • Area
    Silver Lake - Echo Park
  • Bedrooms Range
    4 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    X7515103
  • Agent ID
    C125370

Location

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info