340 Firmin Street,Los Angeles, CA 90026
Los Angeles, CA 90026
Description
Exceptional opportunity to purchase a fully occupied five-unit apartment complex comprised of 600 sqft 1 bed 1 bath units in the heart of Echo Park, one of Los Angeles' most vibrant and rapidly evolving neighborhoods. This well-maintained property offers investors peace of mind from day one. Situated on 5,200 sqft lot, the property presents significant long-term development potential. Whether you hold for income or reposition for future value, this asset combines both stability and upside. Located just minutes from Sunset Boulevard, DTLA, and Silver Lake, the property enjoys strong rental demand and an unbeatable urban lifestyle appeal. This is a rare chance to secure a cash-flowing asset in a premier location with future development possibilities. Ideal for seasoned investors and those looking to enter the multifamily market. ***SELLER FINANCING AVAILABLE***
Details
| MLS # | 26834291 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 98 |
| Listing Provided By | Berkshire Hathaway HomeServices California Properties | Corey Weiss |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 2,208 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 3 |
| Zoning | LACW |
| Acreage | 0.12 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Refrigerator |
Parking
| Parking Features | Carport |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $849,000 low | high Med: $1,740,000 sqft: 2,208 low | high Med: 2,389 $ / sqft: $385 low | high Med: $728 On site: 98 low | high Med: 129 | |
Market Activity 90026
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $849,000 low | high Med: $1,740,000 sqft: 2,208 low | high Med: 2,389 $ / sqft: $385 low | high Med: $728 On site: 98 low | high Med: 129 | |
