Phone888.995.7575

1650 Lucretia Avenue, Los Angeles, CA 90026

$1,500,000 Approx. USD 6 beds, 3 baths
2,320 sqft

Agent Remarks

We are pleased to present the opportunity to acquire 1650 Lucretia Avenue, a three-unit investment opportunity located in a prime Echo Park neighborhood of Los Angeles. Originally built in 1962, the subject property consists of one two-story building totaling 2,320 square feet situated on 5,787 square feet of land. The desirable unit mix consists of 100% two-bedroom/one-bathroom units. A new owner will be able to capitalize on the dramatically increased rents and new developments in the area. Tenants enjoy convenient access to bars, restaurants and are a short commute to Downtown Los Angeles.Located north of Sunset Boulevard in Echo Park, a market with compelling fundamentals, trendy restaurants, boutique retailers, and a variety of music and entertainment venues that draw crowds from across Los Angeles.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-168012
List price is $1,500,000 Reduced by $150,000 on 11/1/2016
Beds: 6
Baths: 3
Built in 1962
2,320 sqft
County: Los Angeles
Zoning: LARD1.5
Parking type: Parking Space
Interior features: Other
Heating description: Other
MLS area: Silver Lake - Echo Park (C21)

Last Updated: 11/1/2016

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This listing belongs to the Silver Lake - Echo Park (C21) MLS area

The listing is zoned LARD1.5.
View more listings zoned LARD1.5

Broker: Courtesy of Marcus & Millichap
Listing Agent: Sean Rosenzweig

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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