1426 W SUNSET BLVD | ECHO PARK| 90026 | 4 UNITS
KW Commercial and the Coronado Real Estate Group are pleased to present for sale this 1920’s vintage building situated on the iconic Sunset Blvd in prime Echo Park. Character details and historic charm abound throughout the four spacious 1BR units averaging 954 SF each! Unique features like french doors, wood flooring, high ceilings, stunning fireplaces, and original moldings are sure to be highly desirable to the neighborhood’s young urban tenants. Built in 1922, the fourplex is a total of 3,816 SF and sits on a 6,504 SF zoned C2. The property also includes a separate structure with bonus storage space ideal for a creative studio or office, that can be rented to generate additional income! Plus four single garage spaces and an open guest spot, convenient for tenants and accessible through the rear alley.
The location of the Roaring 20’s Fourplex solidifies the asset as an ideal investment opportunity. Sunset Blvd is iconic, and the epicenter of the neighborhood’s attractions and amenities allowing nearby apartments rents to soar. A studio unit of only 450 SF is renting just blocks away for $1,725/month, meaning with four 1BRs of 954 SF – there is room for the new owner to increase rents by up to 107%!
Impressive Walk Score of 81, this vintage building is accessible to many in-demand amenities, conveniences and hot spots. Just one block to the Short Stop, El Compadre, The Park and just one mile from Dodger Stadium! Plus popular businesses such as Shepherd Fairey’s gallery Subliminal Projects, Ostrich Farm, Blue Bottle Coffee and Lassen’s are just a few blocks away. Whether the day calls for a picnic at Echo Park Lake or a drive around town, the whole of LA is at your doorstep as the property is conveniently accessible by the nearby 101 & 110 freeways and public transportation.
*All information provided to be deemed reliable but not guaranteed. Buyer to complete all investigations into the property and/or any matters that may or may not affect the property independently and to their own satisfaction. Please do not disturb occupants.