Active

308 E Edgeware Rd

Los Angeles CA, 90026

$899,999


$850.66 per sqft

Active

2 Beds

2 Baths

1,058 sqft

Multi-family

Built in 1936

This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.

24-456443

MLS ID

October 24, 2024

Listed

November 1, 2024

Updated

Map

308 E Edgeware Rd
Los Angeles CA, 90026

Interior Features

Total Stories

0


Bedrooms

2


Total Bathrooms

2


Interior Features

Basement, Detached/No Common Walls


Appliances

None


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

Fenced, Lot Shape-Rectangular, Lot-Level/Flat, Single Lot, Back Yard

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

8


Garage

No


Parking

Driveway, Driveway Gate, Uncovered, Shared Driveway, Private


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LACW

Listed by Adam Armienta with Douglas Elliman
Listing Contact: 323-806-6682 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Trevino Properties Inc. | CA DRE# 01324975 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/1/2024

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