CA > Los Angeles
Los Angeles, CA 90026,308 E Edgeware Rd
Los Angeles, CA 90026,308 E Edgeware Rd
Los Angeles, CA 90026,308 E Edgeware Rd
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$899,999
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2 BD
2 BA
1,058 SqFt
Active

308 E Edgeware Rd Los Angeles, CA 90026

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Keith Hill

Keith Hill

+1(725) 910-7805

UPDATED:

11/01/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,058 sqft

Price per Sqft $850

MLS Listing ID 24-456443

Bedrooms 2

Construction Status Fixer, Repairs Major, Under Construction

Year Built 1936

Lot Size 4,179 Sqft

Acres 0.0959

Property Description

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.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LACW

Rooms

Other Rooms None

Dining Room 0

Kitchen Open to Family Room

Interior

Interior Features Basement, Detached/No Common Walls

Heating Wall

Cooling Wall Unit(s)

Fireplaces Type None

Equipment None

Exterior

Garage Driveway, Driveway Gate, Uncovered, Shared Driveway, Private

Garage Spaces 4.0

Pool None

Building

Lot Description Fenced, Lot Shape-Rectangular, Lot-Level/Flat, Single Lot, Back Yard

Water Public

Level or Stories One

Construction Status Fixer, Repairs Major, Under Construction

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Douglas Elliman

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+1(725) 910-7805

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308 E Edgeware Rd