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$918,900
5 bed
2,486 Sqft
4,801 Sqft lot

2733 Council Street, Los Angeles, California 90026

  • Residential Income Property Type
  • 17 Days Time on market
  • $370 Price per sqft
  • 1960 Year 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.

Basic Details
Residential Income
Buy
24385691
$918,900
5
2,486 Sqft
1960
4,801 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
4
$0
Address
CA
Los Angeles
Los Angeles
90026
2733 Council Street
2733
Street
0
W119° 43' 20.4''
N34° 4' 19.2''
Additional Information
17
2
2
4
: Two
2,486 Sqft
0 Sqft
0 Sqft
0.11 Sqft
4,801 Sqft
1
0 Sqft
LARD1.5
5156022020
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
02/05/2024 12:01:55
$0
: Standard
North of Beverly Blvd Near Occidental Blvd, West of Benton Way
Coldwell Banker Champion Realty
Christie Thomas
CLW-X83362
CLW-C120500
$0
1
1
0
0
1
1
1
4
54384
US-06037-N-5156022020-R-N
02/05/2024 19:16:30
Council
C21 - Silver Lake - Echo Park
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