Echo Park, CA 90012,940 New Depot
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Robert Cole

Robert Cole

Real Brokerage Technologies

+1(714) 253-3777
$ 3,750,000
Est. payment | /mo

6,089 Sqft Lot


Save
$ 3,750,000
Est. payment | /mo
Save

6,089 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25241258

HOA Y/N No

Year Built 1983

Lot Size 6,089 Sqft

Lot Dimensions Assessor

Property Sub-Type Multi Family

Property Description

Beautifully maintained 7-unit multifamily property located in the desirable Echo Park neighborhood of Los Angeles. Built in 1983, this ±6,060 square-foot building sits on a ±6,091 square-foot LAR4-zoned lot and features a well-designed mix of spacious units with gated on-site parking and shared laundry facilities.

The property has received recent upgrades to both the exterior and interior units, enhancing overall appeal and tenant satisfaction. It offers stable income performance with room for long-term appreciation and future value growth.

Ideally positioned near Downtown Los Angeles, major transportation routes, restaurants, and neighborhood conveniences, this property presents an exceptional opportunity to own a quality multifamily asset in a prime Los Angeles location.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Asphalt,Shingle

Present Use Commercial

Building

Lot Description 6-10 Units/Acre, Level

Story 2

Water Public

Others

Tax ID 5406029002

Security Features Security Gate

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Susie Achury eXp Realty of Southern Ca, Inc 323-304-8737
Robert Cole

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

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940 New Depot