1244 Innes Avenue, Los Angeles, CA 90026 (MLS # AR23225195)
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Presenting an amazing opportunity to purchase a turn key coliving or short term rental property featuring twenty seven bedrooms in the highly desirable area of Echo Park. This new construction project consists of a brand new four unit apartment building with five bedrooms and three and a half baths each in addition to a completely remodeled unit in the rear that has its own seven bedrooms. A semi below grade garage level also offers ample storage and the option for additional income from parking. Designed with efficiency and comfort in mind, each unit maximizes space and livability while also taking into account operator logistics such as cleaning closets, IT, and ample storage. Tenants will enjoy floor to ceiling windows, plenty of natural light, and modern curated finishes. Half of the units have access to a common area roof deck with sweeping views from DTLA to Hollywood, and amenities abound nearby. Dodgers Stadium is within walking distance, and coffee shops as well as the most popular restaurants are all within reach. Situated right in the midst of this thriving locale with an exceptionally strong rental market, do not miss this chance to purchase a turnkey building ready to generate income on day one.
| DAYS ON MARKET | 152 | LAST UPDATED | 12/19/2023 |
|---|---|---|---|
| YEAR BUILT | 2024 | COMMUNITY | Silver Lake - Echo Park |
| GARAGE SPACES | 10.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Gas Range, Washer |
| AREA | Silver Lake - Echo Park |
| BUYER'S BROKERAGE COMPENSATION | 2.500 % |
| GARAGE | Garage, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | High Ceilings, Open Floorplan |
| LOT | 9916 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| UTILITIES | Electricity Connected,Sewer Connected,Water Connected |
| WATER | Public |
| ZONING | LAR3 |
TOTAL MONTHLY PAYMENT
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