Eric Dilanian with The Dilanian Real Estate Advisors, as part of RE/MAX Commercial & Investment Realty, is proud to present an exceptional investment opportunity in Prime Eagle Rock:
A rare mid-century 7-unit apartment building with one unit delivered vacant, situated on approximately ± 8,426 square feet of land in the highly sought-after Eagle Rock neighborhood, nestled on a quiet and quaint residential street. Offered for sale for the first time in approximately 24 years, the property presents compelling value-add and development upside, including the potential to add multiple detached ADUs at the rear of the lot by utilizing SB 1211.
Constructed in 1966, the property totals approximately ± 5,112 square feet and features an excellent unit mix consisting of three (2-bedroom / 1.5-bath) units, three (1-bedroom / 1-bath) units, and one (3-bedroom / 2-bath) unit “owners unit”. The property is zoned RD1.5-1 and designated Tier 3 TOC.
Ideally located in the heart of Eagle Rock, the property boasts a Walk Score of 90 (“Walker’s Paradise”), allowing residents to complete daily errands without a car, and is within close proximity to Occidental College, Sprouts Farmers Market, and popular neighborhood destinations such as Creature's Plants and Coffee, Starbucks, Capri Club, Little Beast, Cindy's, and CaCao.
**Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.
**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **