2733 Council Street

Los Angeles, CA 90026

$918,900

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $369 / sqft

1960

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 2733 Council Street
City Los Angeles
State CA
Zip 90026
County Los Angeles
Listing Agent Christie Thomas DRE#01793080
Courtesy Of Coldwell Banker Champion Realty
MLS 24385691
List Price $918,900
Status Active
Type Residential Income
Structure Size N/A
Lot Size 4,801
Year Built 1960
DOM 8

Exterior Information

Maps

Listing information courtesy of: Christie Thomas, Coldwell Banker Champion Realty . *Based on information from the Association of REALTORS/Multiple Listing as of May 9th, 2024 at 5:10 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.