Closed | 1111 Echo Park Avenue

Offering Price

Sales Price

$6,250,000

Offering Highlights

Deal Highlights

The Only Non-Rent Controlled Apartment to Sell in Echo Park in the Last 2 Years

Collected Six (6) Competitive Offers During the Marketing Process

Buyer Closed Escrow without Any Concessions and/or Price Reductions

Fully Stabilized & Turn-Key Apartment Built in 2020

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Close of Escrow

5/10/2024

Units

13,260

Building SF

2020

Year Built

Walk Score

$471.34

Price/SF

$568,182

Price/Unit

4.48%

Current Cap

14.43

Current GRM

13,260

Building SF

2020

Year Built

$471.34

Price/SF

Units

13,260

Building SF

2020

Year Built

Walk Score

$471.34

Price/SF

$568,182

Price/Unit

4.48%

Current Cap

14.43

Current GRM

Potential Buildable Units

13,260

Land SF

$471.34

Price/Land SF

$568,182

Zoning

2020

Year Built

Walk Score

Download Executive Summary

Property video

Property Location

Echo Park

Submarket

Lead Agent Info

Andres Diaz

Managing Director

Multifamily Investments

(323) 376-2469

Andres.Diaz@kw.com

SEE THIS AGENTS PROPERTIES >