Americana Real Estate Services is proud to present the pride of ownership Toluca North Apartments with a CAP 6.3% Rate - a remarkable (12) unit multifamily investment opportunity, situated on a corner lot in Echo Park, across the street from Vista Hermosa Natural Park and within close proximity to the Downtown Los Angeles. The well-maintained two story structure offers gated access and incredible unit views to Downtown LA. A bountiful unit mix of 5 (1BD/1BA+Den) and 7 (Studio+1BA), rarely found in assets like this and all tenants are current. Many of the units have been upgraded and each unit is over 500sqft. All units have individual water heaters. Laundry area consists of One Commercial Washer and One Commercial Dryer that are owned, not leased. With a combined building income of $15,825, ease of management, and most tenants on month to month leases, Toluca North offers extreme upside for an investor to take over an exceptional, low-maintenance asset.
Property Type(s):
Commercial
|
Last Updated
|
6/6/2025
|
Year Built
|
1912
|
|
County
|
Los Angeles
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Additional Details
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Gas Water Heater |
| GARAGE |
None |
| HEAT |
Wall Furnace |
| LOT |
3049 sq ft |
| LOT DESCRIPTION |
Corner lot |
| PARKING |
None |
| ZONING |
LACW |
Listing provided by Arbi Baghoomian |Americana Real Estate Services
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 6/7/25 6:27 AM PDT.
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