$1,300,000
$1,350,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
2140 Reservoir ST Los Angeles, CA 90026
12 Beds
8 Baths
6,163 SqFt
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,163 sqft
Price per Sqft $210
MLS Listing ID 24424077
Sold Date 10/04/24
Bedrooms 12
Construction Status Repairs Cosmetic,Repairs Major
HOA Y/N No
Year Built 1963
Lot Size 7,666 Sqft
Acres 0.176
Property Description
We are pleased to present a seven (7) unit apartment building located at 2140 Reservoir Street in Los Angeles, California. The subject property is located in a prime Echo Park location, north of Sunset Boulevard and west of N Alvarado Street. Built in 1963, this property contains a great unit mix of three (3) one-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units, and one (1) three-bedroom / two-bathroom unit. The property is situated on a hilltop offering select units a gorgeous view of Downtown and Echo Park Lake. Fully parked on-site parking is available for tenants at the rear of the property. Residents will adore living along a quiet residential street just one (1) block away from some of the trendiest retail, restaurant, and entertainment amenities situated on Sunset Boulevard. Some of these amenities include Mohawk Bend, Tierra Mia Coffee, CrossFit Echo Park, Bar Bandini, Taix French, and the Echoplex. Outdoor recreation is available within a short walking distance at Echo Park Lake. Situated in a prime Echo Park location, this offering presents an excellent opportunity for any investor to capitalize on nearly 150% rental upside potential at a very attractive basis.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Attached Carport, Covered, One Space, Storage, Uncovered
Pool None
View Y/N Yes
View City Lights
Parking Type Attached Carport, Covered, One Space, Storage, Uncovered
Attached Garage Yes
Total Parking Spaces 8
Private Pool No
Building
Lot Description Lawn, Rectangular Lot
Story 2
Entry Level Two
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic,Repairs Major
Others
Senior Community No
Tax ID 5402033008
Special Listing Condition Standard
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Bought with Jason Tuvia • Marcus & Millichap