Buy this and retire early - Echo Park Income Property

Saw this property the other day... 1647 Lucretia, LA, CA 90026, 3 separate structures on one parcel with a two car garage. Great location near Chango Cafe & Delilah's Bakery. New businesses coming in on Echo Park Avenue. Live in one place and rent out the rest. The smallest studio looks like it's been completely rehabbed and done pretty nice. You get all this: 4+1, 2+1, 1+1 and 0+1 for 899k. Up the street is a single family for 787k with this you get so much more for your money. Great views from the top unit in back. Echo Park always has a demand so this would be a great long term property.

here's the info from the MLS...
"Wonderful Classic Old California Bungalow Style House With 3 Great Rental Units In Back. All Updated Electrical, Plumbing And Foundation. All In All This Is A Perfect 4-Plex For Investor Or Owner/User." -- listed by Ken Shapiro Silverwood Properties 213-250-4404

Comments