Active
308 E Edgeware Rd
Los Angeles CA, 90026
$899,999
$850.66 per sqft
Active
2 Beds
2 Baths
1,058 sqft
Multi-family
Built in 1936
This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.
24-456443
MLSⓇ ID
October 24, 2024
Listed
November 22, 2024
Updated
Map
308 E Edgeware Rd
Los Angeles CA, 90026
Interior Features
Total Stories
0
Bedrooms
2
Total Bathrooms
2
Interior Features
Basement, Detached/No Common Walls
Appliances
None
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.1 Acres
Lot Features
Fenced, Lot Shape-Rectangular, Lot-Level/Flat, Single Lot, Back Yard
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
8
Garage
No
Parking
Driveway, Driveway Gate, Uncovered, Shared Driveway, Private
Parking Total
4
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LACW
Listed by Adam Armienta with Douglas Elliman
Listing Contact: 323-806-6682
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alyssa Valentine + Anselm Clinard | CA DRE# 01517618 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024