Fully Vacant 5 Unit In Prime Echo Park

Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Reservoir Partners is pleased to present the opportunity to acquire 1491 Scott Ave, a fully vacant 5-unit investment opportunity located in the thriving Echo Park neighborhood of Los Angeles. Originally built in 1962, the subject property consists of 5 large units totaling 4,410 square feet and situated on a 6,980SF lot. The desirable unit mix includes five large 2 bed 1 bath units that have the potential to be converted to 3 bedroom units. Three have private outdoor living spaces and all five have off-street parking. Every unit is fully vacant providing you with a blank canvas and the opportunity to start renovations as soon as you close. The property is located less than a quarter mile North of Sunset Boulevard in Echo Park, a market with compelling fundamentals, trendy restaurants, boutique retailers, a picturesque lake, and a variety of music and entertainment venues that draw crowds from across the LA region. The area has demonstrated meaningful appreciation in both the single family home market and the rental market as affluent Angelenos continue to move into the region. Scott represents a rare investment opportunity to acquire a fully vacant, value add property that offers substantial rental upside in a robust market that is forecasted to continue to appreciate.
  • Prime Location
  • 60's Construction
  • Epic views
  • 100% Vacant
  • Walk to shops
  • Start reno asap
Sq Ft: 4410
Yr Built: 1962
Bdrms: 2
Baths: 5
Pool: No
Parking: 4+ Car Garage
Asking: $1,995,000
Property Address
1491 Scott Ave
Los Angeles, CA
90026
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Marcus McInerney
323-316-6226
Contact Agent
Visit Agent Website
Lic#: 01848675
Reservoir Partners
2226 ECHO PARK AVE 
  LOS ANGELES, CA CA
818-326-0315

Information deemed reliable but not guaranteed.
Agent and/or buyer to verify all information.






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