Active
1244 Innes AVE
LOS ANGELES CA, 90026
$4,500,000
$507.67 per sqft
Active
12 Beds
8 Baths
8,864 sqft
Multi-family
Built in 2024
Presenting an amazing opportunity to purchase a turn key coliving or short term rental property featuring twenty seven bedrooms in the highly desirable area of Echo Park. This new construction project consists of a brand new four unit apartment building with five bedrooms and three and a half baths each in addition to a completely remodeled unit in the rear that has its own seven bedrooms. A semi below grade garage level also offers ample storage and the option for additional income from parking. Designed with efficiency and comfort in mind, each unit maximizes space and livability while also taking into account operator logistics such as cleaning closets, IT, and ample storage. Tenants will enjoy floor to ceiling windows, plenty of natural light, and modern curated finishes. Half of the units have access to a common area roof deck with sweeping views from DTLA to Hollywood, and amenities abound nearby. Dodgers Stadium is within walking distance, and coffee shops as well as the most popular restaurants are all within reach. Situated right in the midst of this thriving locale with an exceptionally strong rental market, do not miss this chance to purchase a turnkey building ready to generate income on day one.
AR23225195MR
MLSⓇ ID
December 12, 2023
Listed
September 12, 2024
Updated
Map
1244 Innes AVE
LOS ANGELES CA, 90026
Interior Features
Total Stories
3
Bedrooms
12
Total Bathrooms
8
Appliances
Dryer, Dryer Included, Washer, Washer Included
Laundry Description
Dryer, Dryer Included, Washer, Washer Included
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.23 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
13
Garage
Yes
Garage Spaces
10
Parking
Garage
Parking Total
10
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Alan Lu with ALTC Realty
Listing Contact: 626-378-8007
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stephen Parisi shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/12/2024