1126 White Knoll Drive, Los Angeles, CA 90012
List Price: $998K
Listing Status: Hold
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1921
Lot Size: 4,351 sq ft
Private Pool: Yes
MLS Number: MB26111563
About This Property
Echo Park Hillside Investment Opportunity with Significant Upside Potential 5 -unit multifamily property perched on a hillside above Dodger Stadium in one of Los Angeles’ most dynamic and rapidly evolving neighborhoods.Featuring three 1-bedroom units and two studio units, offering skyline views and surrounded by privacy and hillside charm ,this prooperty provides a living environment that is increasingly difficult to replicate. A standout feature is the presence of five Detached storage structures, each approximately 300 square feet, creating a unique opportunity for an investor to reimagine the site. Potential exists to reconfigure portions of the parking and storage areas, and explore possible ADU opportunities (buyer to verify). One of the last remaining original multifamily properties on this hillside, the asset offers investors the rare combination of existing cash flow, value-add potential, and irreplaceable location characteristics. Surrounded by new developments and positioned near Echo Park, Elysian Park, Dodger Stadium, and Downtown Los Angeles, the property benefits from both current income and long-term appreciation potential.
Listing provided by: JOSEPHINE SAN LUCAS DRE #01308257 323-762-2600 JOSIESANLUCAS@HOTMAIL.COM, KELLER WILLIAMS LARCHMONT
Source: CRMLS, MLS #: MB26111563
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.