1660 W 2nd St - Multi-Family FOR SALE


Los Angeles, CA 90026- Westlake North
$1,198,000 USD
626-226-3462
1660 W 2nd St, Los Angeles, CA for Sale
$1,198,000 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

1660 W 2nd St
Los Angeles, CA 90026
Westlake North


OVERVIEW

Great opportunity for investor/1031-Exchange & Airbnb Potential — Rare Echo Park income property with 3 of 5 units currently vacant—an ideal blank canvas for investor repositioning. The 3,280?sq?ft multifamily asset presents a compelling 1031 exchange opportunity: defer capital gains while optimizing three vacant units for long-term rent roll or strategically transforming them into high-yield Airbnb rentals in a neighborhood with strong ADR and occupancy. Situated close to Echo Park Lake, DTLA, transit, and popular eateries, this property blends reliable cash flow with STR upside—perfect for investors seeking both stability and growth. Tenant pays electric, gas, and trash.

FOR SALE DETAILS

PRICE

$1,198,000 USD

PRICE/SF

$365 USD /SF

# OF UNITS

5

PRICE/UNIT

$239,600

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,003 SF

ZONING

R3

APN/PARCEL ID

5153-011-004

ASK ABOUT THIS PROPERTY

Rich ChowGotham Elite PropertiesMore Info
626-226-3462

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Rich ChowGotham Elite PropertiesMore Info
626-226-3462

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