1126 White Knoll Dr - Apartments FOR SALE


Los Angeles, CA 90012- Echo Park
$1,100,000 USD
310-990-2131
1126 White Knoll Dr, Los Angeles, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/10
null | 4.1% Cap Rate

1126 White Knoll Dr
Los Angeles, CA 90012
Echo Park


HIGHLIGHTS

  • R4 Zoning corner lot on top of hill
  • Views of DTLA and Dodgers Stadium/Elysian Park
  • Three (3) 1 bed/1 bath and two (2) Studio Units
  • 5 car garage parking

OVERVIEW

Perched on a corner lot above Dodger Stadium with views of DTLA and Elysian Park, this 5-unit apartment building offers a rare combination of location, stability, and upside. Sitting atop a quiet hillside street, the property features a desirable mix of two (2) studios and three (3) 1 bed / 1 bath units, appealing to a wide range of renters drawn to the neighborhood's energy and proximity to DTLA. Recent improvements include a brand-new roof and updated windows and flooring in two units, setting the stage for future enhancements and long-term growth. Several units present value-add potential for investors looking to further elevate rents in one of Los Angeles' strongest rental submarkets. Residents enjoy fast access to Echo Park Lake, Sunset Blvd dining and nightlife, major freeways, and front-row views of fireworks lighting up Dodger Stadium all season long. Whether held as a cash-flowing asset or repositioned for additional upside, this Echo Park hillside 5-unit is a rare opportunity in an iconic Los Angeles location.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

5

PRICE/UNIT

$220,000

CAP RATE

4.1%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,121 SF

ZONING

R4-1, Los Angeles

APN/PARCEL ID

5406-018-013

ASK ABOUT THIS PROPERTY

Daniel ShiehLyon Stahl Investment Real EstateMore Info
310-990-2131

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Daniel ShiehLyon Stahl Investment Real EstateMore Info
310-990-2131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.