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$ 1,395,000
Est. payment | /mo
3 Beds
2,066 SqFt
$ 1,395,000
Est. payment | /mo
3 Beds
2,066 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,066 sqft
Price per Sqft $675
MLS Listing ID CL26877285
Bedrooms 3
HOA Y/N No
Year Built 1907
Lot Size 5,253 Sqft
Acres 0.12
Property Sub-Type OTHER
Property Description
Opportunity to own a renovated fourplex in the heart of Echo Park. 2116 Kent Street offers investors a turnkey, 100% occupied income property with a combination not often found in this submarket: strong current cash flow, significant rent upside, and future development potential. The property consists of one 2-bedroom/1-bath unit, two 1-bedroom/1-bath units, and one studio, all currently leased. The studio is the only unit yet to be recently renovated. The remaining three units have been extensively updated, taken down to the studs over the last few years, and the building benefits from a new roof (2024), meaning the next owner steps into a property with minimal near-term capital exposure. The property is zoned LAR4 on a 5,269 SF lot, supporting significant future density (buyer to verify exact entitlements with the City of Los Angeles), positioning 2116 Kent Street as a compelling opportunity for both income-focused buyers and long-term developers. Ideally located just 1.5 miles from Dodger Stadium and under two miles from Downtown LA. The surrounding area is also close to LA Live, Crypto.com Arena, the LA Convention Center, and the LA Coliseum, several of which are slated to host events during the 2028 Summer Olympics, positioning the neighborhood for continued infrastructure investment and growth in the years ahead. Drive-by only.
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Central
Fireplace No
Laundry Common Area, Dryer, Washer
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5402038009
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Listed by Liliana Mancini • Pinnacle Realty Advisors
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