Description

Sale details: Just closed on a duplex sale that presented unique challenges but ultimately proved to be a rewarding experience! Despite a challenging interest rate environment and competing offers, we successfully guided the sale with three families (and 10 signatories!) involved. Through thorough communication and thoughtful dealmaking, we got everyone on the same page and worked through a complex web of disclosures with the sellers. Grateful to work with families who trust our expertise in navigating tough deals and value our deep understanding of the market and relationships.

Description: Nestled in one of the most desirable neighborhoods of Echo Park, this duplex offers a fantastic investment opportunity or owner-user with incredible potential. A stone’s throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium as well as top-rated schools, trendy shops, popular restaurants, coffee houses, and vibrant nightlife. This property is perfectly situated to attract tenants who value convenience and community. The building consists of two spacious 2-bedroom units. One unit will be delivered vacant, allowing for immediate updates and the flexibility to set your ideal rents, or perfect for an owner-user. While the property would benefit from some updating, it boasts solid bones and a location that can’t be beat. With its prime location and a little vision, this property is ready to be transformed into a high-demand rental or long-term hold. This prime location offers easy access to vibrant local amenities and transportation options including the 2, 101, 5, 110 freeways.