1560 Morton Ave - Multi-Family FOR SALE


Los Angeles, CA 90026- Echo Park
$949,000 USD
323-842-4001
1560 Morton Ave, Los Angeles, CA for Sale
$949,000 USD
Multi-Family - FOR SALE
1/20
null | 4.31% Cap Rate

1560 Morton Ave
Los Angeles, CA 90026
Echo Park


OVERVIEW

In the heart of Echo Park, this charming Spanish duplex sits on a dream corner lot, stepped up from the street and gated for privacy amid mature landscaping and hedging. One unit is delivered vacant and is a great opportunity for an owner-user, offering rich period details including hardwood floors, original molding, beautiful built-ins, and cottage-style picture windows. The kitchen features original cabinetry and tile countertops, and the bath is updated with subway tile. Natural light is abundant throughout. Each unit offers one bedroom and one bathroom; the tenant-occupied unit pairs modern finishes with original character. Both units enjoy dedicated outdoor space for dining al fresco, with raised veggie planters in the front. Amenities include a one-car garage, AC, and laundry room in each. The prime location puts you right across the street from Canyon Coffee, Cookbook Market, and the shops on Echo Park Ave, and only minutes from Sunset and Echo Park Lake, with Elysian Park trails just blocks away.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$665 USD /SF

# OF UNITS

2

PRICE/UNIT

$474,500

CAP RATE

4.31%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5419-014-001

ASK ABOUT THIS PROPERTY

Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

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Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

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