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Listing Details

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School Ratings & Info

Description

We are pleased to present 2219 W Court St, a newly built 6-unit townhouse complex in prime Echo Park, walking distance from Echo Park Lake and beloved, local hotspots in the active neighborhood. This high demand rental will provide proud investors with a 5% Cap Rate, with easy maintenance and little management needed. 2219 W Court Street features (3) 3 Bed/3 Bath, (2) 2 Bed/ 2 Bath, and (1) 3 Bed/ 3.5 Bath units with high ceilings, large balconies, in-unit washer & dryer, stainless steal appliances, manicured landscaping and attached parking. In addition to the impressive return, investors will enjoy extreme desirability among renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth and steady gentrification.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T21:42:44.897. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.haciendagroupinc.com/homes/121396080
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2219 W Court St Los Angeles, CA 90026

  • Price: $3,695,000
  • Status: Active
  • Updated: 87 min ago
  • MLS #: 21-777624
16
Beds
0
Baths
0
½ Baths
0.18
Acres
7,265
SQFT
$509
$/SQFT
2021
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
We are pleased to present 2219 W Court St, a newly built 6-unit townhouse complex in prime Echo Park, walking distance from Echo Park Lake and beloved, local hotspots in the active neighborhood. This high demand rental will provide proud investors with a 5% Cap Rate, with easy maintenance and little management needed. 2219 W Court Street features (3) 3 Bed/3 Bath, (2) 2 Bed/ 2 Bath, and (1) 3 Bed/ 3.5 Bath units with high ceilings, large balconies, in-unit washer & dryer, stainless steal appliances, manicured landscaping and attached parking. In addition to the impressive return, investors will enjoy extreme desirability among renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth and steady gentrification.
Exterior Features

Direction Faces East Exterior Construction Concrete Levels Multi/Split Lot Size Area 7779 Other Structures None Parking Garage Carport AttachedCarport Pool Description Fenced Pool YN Yes Roof Flat Style Modern Total Parking 12 Water Frontage None

Interior Features

Baths Total 16.50 Cooking Appliances Oven-GasCooktop - GasRange Hood Cooling Central Equipment WasherDryerDishwasherMicrowaveRange/OvenRefrigeratorGarbage Disposal Flooring Laminate Heating Central Kitchen Features IslandOpen To Family Room Laundry In Unit Laundry Equipment Own Water Heater Features TanklessGas

Property Features

Assessed Total Value 1173000 Gross Income 252600 Gross Operating Income 252600 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 184791.00 Number Of Buildings 3 Number Of Units 6 Owner Pays Gardener Property Condition New Construction Sale Type Standard Security Features Gated Source Living Area Developer Source Lot Size Area Assessor Tenant Pays GasElectricityWaterTrash Collection Total Annual Expense 60231 Type Of Units Apartment Water Heaters YN Yes Year Built Source Builder Zoning Lar4

Listing provided courtesy of Yohann Bensimon DRE#01966630 of Keller Williams Hollywood Hills.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T21:42:44.897. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253