2405 Meadowvale Ave - Multi-Family FOR SALE


Los Angeles, CA 90031- Echo Park
$2,400,000 USD
818-424-3341
2405 Meadowvale Ave, Los Angeles, CA for Sale
$2,400,000 USD
Multi-Family - FOR SALE
1/78
null | 4.12% Cap Rate

2405 Meadowvale Ave
Los Angeles, CA 90031
Echo Park


OVERVIEW

Excellent Echo Park location, Completely renovated in 2025. The Seller has completed substantial capital improvements to the property, enhancing both its appearance and long-term value. Exterior upgrades include a new roof, new copper plumbing, fresh exterior paint, and new entry doors. These improvements help reduce future maintenance costs while providing investors with a well-maintained asset that has benefited from significant recent investment. The interior of the property has been extensively upgraded as well. The Seller has refinished the original hardwood floors, installed central heating and air conditioning, and added in-unit washers and dryers for each residence. Every unit includes a refrigerator, updated countertops, and numerous additional improvements throughout. The extensive renovation program reflects the Seller's commitment to quality and provides residents with modern amenities while minimizing deferred maintenance for a new owner.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$766 USD /SF

# OF UNITS

4

PRICE/UNIT

$600,000

CAP RATE

4.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LAR-1

APN/PARCEL ID

5445-016-011

ASK ABOUT THIS PROPERTY

Joe PenichKW CommercialMore Info
818-424-3341

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Joe PenichKW CommercialMore Info
818-424-3341

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