Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

5

Building size

2,208 sqft

Lot size

5,121 sqft

Year built

1914

Stories

0

Style

Bungalow

Heating

Natural Gas

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

8

MLS #

242232504

About this property

Exceptional opportunity to purchase a fully occupied five-unit apartment complex comprised of 600 sqft 1 bed 1 bath units in the heart of Echo Park, one of Los Angeles' most vibrant and rapidly evolving neighborhoods. This well-maintained property offers investors peace of mind from day one. Situated on 5,200 sqft lot, the property presents significant long-term development potential. Whether you hold for income or reposition for future value, this asset combines both stability and upside. Located just minutes from Sunset Boulevard, DTLA, and Silver Lake, the property enjoys strong rental demand and an unbeatable urban lifestyle appeal. This is a rare chance to secure a cash-flowing asset in a premier location with future development possibilities. Ideal for seasoned investors and those looking to enter the multifamily market. ***SELLER FINANCING AVAILABLE***

Location

340 Firmin Street

Los Angeles, Los Angeles, CA, 90026