Property Detail

Description

Great opportunity for investor/1031-Exchange — Rare Echo Park income property with 3 of 5 units currently vacant—an ideal blank canvas for investor repositioning. Front unit is turnkey ready to rent out. The 3,280?sq?ft multifamily asset presents a compelling 1031 exchange opportunity: defer capital gains while optimizing three vacant units for long-term rent roll. Situated close to Echo Park Lake, DTLA, transit, and popular eateries, this property blends reliable cash flow with STR upside—perfect for investors seeking both stability and growth.