1947 Clinton

  • $1,780,000
Sold Los Angeles, Echo Park
1947 Clinton St, Los Angeles, CA 90026
  • Multifamily
  • Property Type
  • 4
  • Number of Units
  • 5.51
  • Cap Rate
  • 13.20
  • GRM
  • $445,000
  • Price/Unit
Sold
1947 Clinton St, Los Angeles, CA 90026
  • $1,780,000

Overview

  • Multifamily
  • Property Type
  • 4
  • Number of Units
  • 5.51
  • Cap Rate
  • 13.20
  • GRM
  • $445,000
  • Price/Unit

Description

We are pleased to present this completely renovated building for Sale in the heart of Echo Park.

This building was taken down to studs and remodeled in May of 2013 with additional Square footage, retrofitted foundation, Copper Plumbing, All electricity, Central AC/Heat, Washer & Dryer in all units, Tank- less Water Heaters, beautiful Floors, Water conservation system throughout the building, private outside areas for all units, and more. .. with permits.

Buyer to check with LADBS to verify. All Appliances included in sale. Four 1286 square foot 3 bedroom 1 bath units, never had any vacancies. A True 5.3% cap rate.

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 5,138 Sq Ft
  • Lot Size: 5,498 Sq Ft
  • Bedrooms: 12
  • Bathrooms: 4
  • Year Built: 1923
  • Price: $1,780,000
  • Number of Units: 4
  • Price/Unit: $445,000
  • GRM: 13.20
  • Price/SqFt: $346
  • CAP: 5.51
  • Address 1947 Clinton St
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90026
  • Area Echo Park

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