Views
Address
940 New Depot Street Los Angeles, CA
Price
$ 3,100,000
Property Attributes
  • MLS#20613120
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake
  • Zip90012
  • Style
  • Price$ 3,100,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms0
  • Lot Size6,091 SqFt
Listing Provided Courtesy Of:
Eon Lew with District Realty Group.
Data Source:
CRMLS
Property Description

Recently renovated, easy-to-manage, 7 unit apartment complex in the booming Echo Park area of Los Angeles, CA, directly adjacent to Downtown LA and Chinatown. High upside in lowering expenses! Each unit consists of laminate flooring, granite countertops, new kitchens and appliances, new paint, and numerous other improvements.The property is ideally located just steps from two of Echo Parks largest future developments, Sunset/Everett and The Metropolitan Water District Project, boasting 982 residential units, a boutique hotel, and exciting new commercial space.The area is also characterized by strong household incomes and heavy automobile traffic. The apartment is conveniently located within walking distance to The Orsini, CVS, EVANS Adult College, Eastside Deli Market, Mexicali Restaurant, Orsini, Burger King, CVS, Jack n the Box, Dodger Stadium, close to the freeway

Price History
8/3/2020 Listed $3,350,000
8/13/2020 6% - $3,150,000
10/2/2020 5% - $3,000,000

General Features

Appliances Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Vented Exhaust Fan
Carport Spaces 7
Carport Y/N Yes
Community Features Gated
Cooling Wall/Window Unit(s)
Facing Direction South
Flooring Laminate
Garage Y/N Yes
Levels Three Or More
Listing Agent Eon Lew - BRE#01730294
Listing Agent State License 01730294
MLS Area 671 - Silver Lake
Parking Features Attached Carport, Garage, Guest, On Street, Tandem
Property Type Residential Income
PropertyCondition Updated/Remodeled
Security Features Security Gate, Gated Community, Key Card Entry
Special Listing Conditions Standard
Total Units 7
View City Lights
Zoning LAR4

Interior Features

Air Conditioning Y/N Yes
Fireplace Features None
Laundry Features Common Area

Exterior Features

Lot Size Acres 0.13
Lot Size Area 6091
Lot Size Square Feet 6091
Lot Size Units Square Feet
Number of Buildings 1
Total Parking 7
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90012

Price
AVG $1.69M
$3.1M
Visits
AVG 96
472
Year Built
AVG 1946
1983
Walkscore
AVG 70
84
Data Provided by Walkscore ® not using MLS data

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