Sold

2738 Council St

2738 Council Street, Los Angeles, CA 90026

$1,695,000

Stabilized Fourplex at market rents conveniently located in the Filipinotown area of Echo Park, a neighborhood currently undergoing rapid gentrification. Built-in 1963 and completed renovated in 2020, the complex offers a great mix with (one) 2 bedroom/2 bathroom unit, (one) 2 bedroom/1 bathroom unit, and (two) 1 bedroom/1 bathroom units. Every unit has benefitted from a host of recent upgrades such as remodeled kitchens with new modern cabinetry, quartz counters, and new appliances, remodeled bathrooms with new vanities, tubs, and toilets, in-unit laundry, new HVAC and electrical wiring, and more. Covered parking and an electronic gated entry add to tenant convenience and safety. Investors stand to benefit from the security of a rent roll with a fully leased building at market rents

6
beds

6
baths

0.11 Acres lot

Brian Treitler

Brian Treitler

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms6
  • full bathrooms6
  • Laundry room Washer, Dryer
  • Flooring Vinyl, Wood
  • APPLIANCES Dishwasher, Free Standing Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater Unit

Area & Lot

  • Status Sold
  • Lot Area0.11 Acres
  • MLS® ID3563PF
  • TypeMulti-Family
  • YEAR BUILT1963

Exterior

  • water SourceDistrict/Public
  • roofComposition
  • parkingCarport Attached
  • sewerPublic Sewer
  • security FeaturesAutomatic Gate

Financial

  • Sales Price$1,695,000