146 Rosemont, Echo Park, CA 90026

Property Description

We are pleased to present another new construction six-unit property. The property just received CofO in February 2019, and leasing of all units has begun, with two units currently leased as shown on the Offering Memorandum. 
 
 146 Rosemont is in the Rampart Village neighborhood, which is adjacent to Silverlake, Koreatown, and Westlake and only a few minutes’ drive from Downtown. This area just south of the 101 Fwy has seen a dramatic change in the last two years, with the addition of many new coffee shops, restaurants, bars and new construction housing. Demand for rentals have skyrocketed in the neighborhood, and rents have followed. Here is an opportunity to purchase a new construction income property before apartment pricing follows neighborhood rents. 
 
 As is with all of our properties, 146 Rosemont is a warrantied and Green Certified building offering the investor a trouble-free and low-maintenance investment. The tenants will enjoy private and spacious living in townhome style units with only one common wall, private laundry rooms in each unit, and motorized security gated parking. All units are separately metered for electricity, water, and gas. The common areas utilize a landlord’s water and power meter servicing water-efficient landscape and LED exterior lighting, all other utilities are paid by tenants. 
 
 Links to the 3D virtual tour for all units can be found in the OM located in the supplements section.