1934 SANTA YNEZ ST

Estimated Monthly Payment: $6,156/mo 1934 SANTA YNEZ ST, Los Angeles, CA 90026 MLS# 19445118 Residential Income Listing Status: Active
4
4
2,920 sqft
39
5
0
0

REMARKS:

We are pleased to present 1934 Santa Ynez Street. A four unit wood frame stucco multifamily investment opportunity in Echo Park built in 1911 consists of 2, 920 SF of living area. The quadruplex consists of four spacious One Bedroom/One Bathroom Units on a 4, 998 SF lot zoned LAC-2. Two of the units contain small bonus rooms that can be used as office space. THE SUBJECT PROPERTY IS 100% VACANT. The vacancy allows for a rare opportunity for an investor to rebrand the property by renting all units at market rates. Further, zoned C-2, this property also offers a development opportunity. An investor has the ability to develop a high-value project in a neighborhood with a very high population density. The current vacancy allows for an investor to immediately eliminate relocation costs of tenants, and C-2 zoning allows for a developer to build up 12 units by right, and potentially more with low-income housing density bonuses(buyer to verify).

OVERVIEW:

19-445118:CLAW
Residential Income
Active
Silver Lake - Echo Park
1911
2920
None
Other
Other

FEATURES:

Other

ROOM INFO:

4
4
4

FINANCIAL:

$1,350,000
$125,712

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Derrick Vartanian - Keller Williams Silicon Beach

 

01949460 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 04/25/2019