• 4,200 sq.ft.
  • 7,501 sq.ft. lot
offered at $2,350,000
Status: Active // Property Type:
County: Los Angeles // Year Built: 1923

Property Description

Great Opportunity to buy a turnkey, fully rehabbed four-unit apartment property in the highly sought-after Silver Lake/Echo Park neighborhood of Los Angeles, CA. The offering consists of a three bed/two bath unit, a two bed/two and a half bath unit, a two bed/two bath unit and a one bed/one bath unit.The property has been fully renovated, interior and exterior, in the past twelve months and is fully leased up at strong, top-of-the-market rents. Because it is separately metered for all utilities, 1309 Mohawk operates with a very low expense load allowing an owner to net a larger share of the monthly rents than is typical. Additionally, since the property is four units it could potentially qualify for attractive 30-year fixed interest rate residential financing. The asset is located in one of the most popular and in-demand neighborhoods by both tenants and owners alike - Silver Lake. Consistently ranked as one of the most attractive places to live in the entire Los Angeles Metro area, Silver Lake is known for its artsy and hip vibe and is home to countless upscale eateries, coffee shops, bars, boutique shopping options and more. The property is also in an excellent commuter location, with easy access to the 2 Freeway, the 101 Freeway and numerous mass transit options. Close proximity to Hollywood and Downtown Los Angeles. The property is walking distance from major shopping options, including Vons and Rite Aid and is located within half of a mile of two elementary schools.

Listing Courtesy of Daniel Lewin, Marcus & Millichap

Exterior Features

Exterior Features: Urban
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of August 8, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.