2723 W. Sunset Blvd.

2723 W Sunset Blvd

Silver Lake/Echo Park, CA

Offered at: $2,795,000

Sold Price: $2,795,000

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MLS Number: 07-238179

Bedrooms: 10

Year Built: 1916

Building Size: 15042 Square Feet

Lot Size: 16159 Square Feet

Property Type: Income

Property Status: Sold

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Description:

MASSIVE INCOME OF OVER $283,000 PER YEAR! PRIME 18-UNIT APARTMENT COMPLEX in the heart of POPULAR SILVER LAKE DISTRICT of LA. Low Vacancy, EZ to Manage, Copper Plumbing, Updated Electrical, New Landscaping, Upgraded Units, GREAT TENANTS. TWO BUILDINGS on THREE LEGAL PARCELS!! (2719-2723 W. Sunset Blvd.) Zoned C-1, HUGE POTENTIAL for development. THIS PROPERTY CASH-FLOWS LIKE YOU WON’T BELIEVE. CASH ON CASH RETURN IS NEARLY 10%.Take advantage now while interests rates are back at historic lows.