Listing provided courtesy of Andres Diaz of Keller Williams Downtown LA. Last updated 2024-05-20 08:11:32.000000. Listing information © 2023 CRMLS.
Asking Price: $2,575,000
907 Glendale, Los Angeles CA 90026
Community: C21 - Silver Lake - Echo Park
Status: Active
This property was built in 1923 and is priced at $2,575,000. Please see the additional details below.
Highly sought after bungalow structures located directly across Echo Park Lake. The opportunity consists of five (5) structures for ten units including six (6) studio units and four (4) one-bedroom units. There is approximately thirty-eight (38%) percent rental upside that can be achieved through unit turnover. In addition, there are four (4) single car garages allocated to the one-bedroom units. More importantly, there is assumable financing at a fixed rate of 3.66% till 2032 which is extremely attractive relative to today's capital markets.