Record-Breaking CAP Rate. Sold for the lowest CAP Rate (2.27%) in Echo Park History, according to CoStar.
Multiple Offers. Procured four competitive offers within the first week of marketing.
Record GRM. Broke the record for highest Gross Rent Multiplier (20.79) for a rent-controlled building in Echo Park history.
Below Market Rents. Current rents were more than 100% below market at the close of escrow.
Units
Building SF
Year Built
Walk Score
Price/SF
Price/Unit
Current Cap
Current GRM
Building SF
Year Built
Price/SF
Units
Building SF
Year Built
Walk Score
Price/SF
Price/Unit
Current Cap
Current GRM
Potential Buildable Units
Land SF
Price/Land SF
Zoning
Year Built
Walk Score
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