301 N Douglas St, Los Angeles, CA 90026

Property Description

This brand new, modern fourplex is an investors dream located just above the heart of Downtown LA. It features 4 separately metered and separately addressed units. The interiors of each unit have been completed with wood flooring, modern kitchens, contemporary bathroom fixtures, and tankless water heaters. The Douglas Street fourplex sits on a 6,200 SF lot with eight covered parking spaces. Choosing this building as your next investment has never been easier. Surrounded by decades-old buildings, this brand new building is sure to give its new owner peace of mind and great income.
 
 Built in 2016, the two buildings consist of 4,844 SF, with (4) 3 Bedroom + 2 Bath units and are located in a highly sought after rental area with all units renting for above $3,000! The property is currently 100% tenant occupied, making it a turn-key investment with no work needed.
 
 Located in the Greater Echo Park Elysian neighborhood in Los Angeles, Douglas is just a few blocks from Sunset Blvd and a short commute to Downtown LA. It give its tenants easy access to great amenities such as Dodger Stadium and also offering easy access to the 101 and 110 freeways. As listed on Walkscore®, it also offers a 84 walk score with most errands being able to be accomplished on foot.