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Closed
Closed
Echo Park
 | 
Multifamily

1819 Montrose Street

Los Angeles, CA 90026
Offering Price
Sales Price
$1,165,000
Offering Highlights
Deal Highlights

Multiple Offers. Procured multiple competitive offers within the first week of marketing.

Fast Close. Closed escrow in less than 30 days.

Financing. Buyer achieved attractive residential financing – 30 year fixed.

Below-Market Rents. Current rents were 101% below market at the close of escrow.

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Close of Escrow
3/30/2019
4

Units

4,022

Building SF

1913

Year Built

92

Walk Score

$289.66

Price/SF

$291,250

Price/Unit

3.07%

Current Cap

18.59

Current GRM

4,022

Building SF

1913

Year Built

$289.66

Price/SF

4

Units

4,022

Building SF

1913

Year Built

92

Walk Score

$289.66

Price/SF

$291,250

Price/Unit

3.07%

Current Cap

18.59

Current GRM

4

Potential Buildable Units

4,022

Land SF

$289.66

Price/Land SF

$291,250

Zoning

1913

Year Built

92

Walk Score

Property video
Property Location
Echo Park
Submarket
Lead Agent Info

Contact us for more information.

Andres Diaz

Managing Director
Multifamily Investments

(323) 376-2469

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