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Listed By: Americana Real Estate Services, 818-335-6036, Arbi Baghoomian
Local Realty Services Provided By: Keller Williams Realty Los Feliz
US / CA / Los Angeles / Echo Park Temple Street / 117 N Toluca Street
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US / CA / Los Angeles / Echo Park Temple Street / 117 N Toluca Street
117 N Toluca Street, Los Angeles, CA 90026
sq ft
ac
US / CA / Los Angeles / Echo Park Temple Street / 117 N Toluca Street

117 N Toluca Street, Los Angeles, CA 90026

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Property Description

Americana Real Estate Services is proud to present the pride of ownership Toluca North Apartments with a CAP 6.3% Rate - a remarkable (12) unit multifamily investment opportunity, situated on a corner lot in Echo Park, across the street from Vista Hermosa Natural Park and within close proximity to the Downtown Los Angeles. The well-maintained two story structure offers gated access and incredible unit views to Downtown LA. A bountiful unit mix of 5 (1BD/1BA+Den) and 7 (Studio+1BA), rarely found in assets like this and all tenants are current. Many of the units have been upgraded and each unit is over 500sqft. All units have individual water heaters. Laundry area consists of One Commercial Washer and One Commercial Dryer that are owned, not leased. With a combined building income of $15,825, ease of management, and most tenants on month to month leases, Toluca North offers extreme upside for an investor to take over an exceptional, low-maintenance asset.

Property Details

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Overview
Property Type
Apartment
Property Size
sq ft
Year Built
1912
Days on Site
16 Days
HVAC
Wall/Window Unit(s), Wall Furnace
Parking
No
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US / CA / Los Angeles / Echo Park Temple Street /

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