Average square foot calculated using Size range provided by listing agent.
Description
Americana Real Estate Services is proud to present the pride of ownership Toluca North Apartments with a CAP 6.3% Rate - a remarkable (12) unit multifamily investment opportunity, situated on a corner lot in Echo Park, across the street from Vista Hermosa Natural Park and within close proximity to the Downtown Los Angeles. The well-maintained two story structure offers gated access and incredible unit views to Downtown LA. A bountiful unit mix of 5 (1BD/1BA+Den) and 7 (Studio+1BA), rarely found in assets like this and all tenants are current. Many of the units have been upgraded and each unit is over 500sqft. All units have individual water heaters. Laundry area consists of One Commercial Washer and One Commercial Dryer that are owned, not leased. With a combined building income of $15, 825, ease of management, and most tenants on month to month leases, Toluca North offers extreme upside for an investor to take over an exceptional, low-maintenance asset.Show Description
MLS® NumberGD25147721
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1912
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatWall Furnace
A/CWall Window Units
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing