2140 Reservoir Street

Los Angeles, CA 90026

$1,300,000

Sold Price
12

bed Beds

8

shower Baths

6,163 sqft

straighten / sqft

1963

calendar_month Built

Property Description

We are pleased to present a seven (7) unit apartment building located at 2140 Reservoir Street in Los Angeles, California. The subject property is located in a prime Echo Park location, north of Sunset Boulevard and west of N Alvarado Street. Built in 1963, this property contains a great unit mix of three (3) one-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units, and one (1) three-bedroom / two-bathroom unit. The property is situated on a hilltop offering select units a gorgeous view of Downtown and Echo Park Lake. Fully parked on-site parking is available for tenants at the rear of the property. Residents will adore living along a quiet residential street just one (1) block away from some of the trendiest retail, restaurant, and entertainment amenities situated on Sunset Boulevard. Some of these amenities include Mohawk Bend, Tierra Mia Coffee, CrossFit Echo Park, Bar Bandini, Taix French, and the Echoplex. Outdoor recreation is available within a short walking distance at Echo Park Lake. Situated in a prime Echo Park location, this offering presents an excellent opportunity for any investor to capitalize on nearly 150% rental upside potential at a very attractive basis.

Listing Information

Close Price $1,300,000
Close Date Friday, October 4th, 2024
Status Closed
MLS 24424077
Type Residential Income
Year Built 1963
Lot Size 7,667
Structure Size 6,163
DOM 7
Courtesy Of Marcus & Millichap
Listing Agent Jason Tuvia DRE#01772495

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 8

Exterior Information

Maps

Listing information courtesy of: Jason Tuvia, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 12:15 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.