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Property view

2733 Council St, 
Los Angeles, CA 90026

$830,000


5

Beds


4

Baths


2,486

Sq Ft


Multi-Family

Sold

310-439-8570

MLS#

24-385691

Source:

CA CLAW

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About This Home

2733 Council St

Discover the investment potential of 2733 Council Street, a fully occupied 4-plex nestled in the heart of vibrant Historic Filipino Town, adjacent to Silver Lake, Echo Park, Koreatown, East Hollywood, and Westlake. This property offers a compelling blend of stable income and significant growth potential. Ideal for savvy investors and developers. The unit mix comprises one 2-bedroom and three 1-bedroom units, all occupied by longer-term tenants providing a reliable income flow. With current rents, there is substantial opportunity to increase revenue upon unit turnover, relocation, or development, within the constraints of the LA City RSO. This property is perfect for portfolio diversification or as a strategic 1031 exchange. The ease of managing this property, with no immediate need for significant upgrades, makes it a low maintenance investment. Proximity to major attractions and thoroughfares enhances tenant appeal and supports sustained rental demand. Engage with this stable, income-producing property today and secure your foothold in one of LA's burgeoning neighborhoods.

Home Facts

Multi-Family

4 Baths

5 Bedrooms

Built in 1960

Price Summary

918,900

$369 per Sq. Ft.

MLS #:

24-385691

Sold:

August 22, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,486 Sq. Ft.


Structure

Structure

Year Built:

1960


Lot

Lot Size (Sq. Ft):

4,801


Finances & Disclosures

Finances

Price:

$918,900

Price per Sq. Ft:

$369 per Sq. Ft.

Source:CA CLAW
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