$599,000
Rare opportunity in the heart of Echo Park. Situated on an approximately 5,906 SF lot, this 3-unit property offers existing rental income alongside compelling long-term upside in one of Los Angeles’ most sought-after neighborhoods. Zoned [Q]C2-1VL, the property presents an intriguing opportunity for investors and developers to explore future redevelopment or additional density, subject to independent verification. Just two doors from a recently constructed four-story multifamily project- consisting of 13 units, demonstrating substantial multifamily development activity along this stretch of Echo Park Avenue. Ideally positioned near Downtown Los Angeles, Dodger Stadium, Elysian Park, neighborhood cafés, restaurants, hiking trails and the best of Echo Park, the property combines location, income and potential at an attractive entry point. Buy, hold, collect rents and explore the possibilities of a generational investment.
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