Noteworthy CAP Rate. Sold for the third lowest CAP rate ever (2.75%) in Echo Park history, according to CoStar.
Multiple Offers. Procured five competitive offers within the first week of marketing.
Noteworthy GRM. Achieved the fourth highest Gross Rent Multiplier (18.18) for a rent-controlled building in Echo Park history.
Negotiated Retrofit. Buyer took on the responsibility of completing seismic retrofit work after 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
Contact us for more information.