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1016 Laguna Ave
Los Angeles, CA 90026 Echo Park

$1,595,000 USD

Apartments For Sale  •  2,918 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,918 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1923
  • Zoning RD, Los Angeles
62 Transit Score
91 Walk Score

Highlights

Prime location -- Direct View of Echo Park Lake from All Units
Current cap rate of 5.52% and 13.16 GRM
Bungalow Style units include one 2bd/1ba and four studios
Solid earner-scheduled GOI is $121,165 and NOI to be $88,095
Three buildings on large lot-possibility for expansion/ADU’s
Easy access to 101 Freeway, DTLA, Silver Lake, Elysian Park, and Dodger Stadium

Amenities

  • Balcony
  • Laundry Facilities
  • Heating
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 2.2 mi
6 min - 2.3 mi
AirportDriveWalkDistance
Bob Hope 23 min - 14.6 mi
Los Angeles International 29 min - 16.6 mi
Long Beach (Daugherty Field) 35 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: OneCarGarage
Included in Rent: Yes
Will Tiao 323-363-1096 Tiao Properties
Will Tiao 323-363-1096 Tiao Properties