For Sale Multi-Family MLS# 26995045

310 N Bixel Street

Los Angeles, CA 90026

$875,000

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About 310 N Bixel Street

Echo Park Triplex | Value-Add & Development OpportunityExcellent investment opportunity in one of Los Angeles' centrally located neighborhoods. This tenant-occupied triplex features three separate 1-bedroom, 1-bathroom units, configured as a front duplex and a detached rear residence. Each unit has separate gas and electric meters. Beyond the existing rental income, the property offers value-add and potential development opportunities, allowing an investor to explore improving the existing units, increasing rental income, and potentially expanding or redeveloping the property, subject to zoning, permitting, and City of Los Angeles approval. The location is a major investment advantage, with close proximity to Downtown Los Angeles, placing tenants within easy reach of DTLA's employment, dining, entertainment, and cultural amenities, as well as Silver Lake, Los Feliz, Highland Park, and Hollywood. Three units. Prime Echo Park location. Current rental income. Value-add potential. Development upside. Exceptional proximity to Downtown LA.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1909
Stories
2
Living area
1,875 sqft
Price / sqft
$467
Lot
0.0607
Original price
$875,000
MLS #
26995045

Interior

Appliances
Disposal, Refrigerator
Flooring
Carpet, Tile, Wood

Exterior & lot

Features
Traditional, Parking spaces: 0
Construction
2
Lot
LACW
Patio & porch
Porch
View
City Lights

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Sewer Tap Paid
Sewer
Sewer Tap Paid

Financial

Parcel
5160021024
Special conditions
Standard

Location

Area
C21 - Silver Lake - Echo Park
County
Los Angeles
Neighborhood
Echo Park
Directions
Located between Beverly Blvd and South Temple

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Listed by Helen Steel, Compass

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.