1244 Innes Avenue

Los Angeles, CA 90026

$4,500,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $507 / sqft

2024

calendar_month Built

Property Description

Presenting an amazing opportunity to purchase a turn key coliving or short term rental property featuring twenty seven bedrooms in the highly desirable area of Echo Park. This new construction project consists of a brand new four unit apartment building with five bedrooms and three and a half baths each in addition to a completely remodeled unit in the rear that has its own seven bedrooms. A semi below grade garage level also offers ample storage and the option for additional income from parking. Designed with efficiency and comfort in mind, each unit maximizes space and livability while also taking into account operator logistics such as cleaning closets, IT, and ample storage. Tenants will enjoy floor to ceiling windows, plenty of natural light, and modern curated finishes. Half of the units have access to a common area roof deck with sweeping views from DTLA to Hollywood, and amenities abound nearby. Dodgers Stadium is within walking distance, and coffee shops as well as the most popular restaurants are all within reach. Situated right in the midst of this thriving locale with an exceptionally strong rental market, do not miss this chance to purchase a turnkey building ready to generate income on day one.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features None
Interior Information
Features High Ceilings, Open Floorplan
Cooling Type Central Air

Listing Information

Address 1244 Innes Avenue
City Los Angeles
State CA
Zip 90026
County Los Angeles
Listing Agent Alan Lu DRE#01514595
Courtesy Of ALTC Realty
MLS AR23225195
List Price $4,500,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 9,916
Year Built 2024
DOM 15

Exterior Information

Maps

Listing information courtesy of: Alan Lu, ALTC Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 1st, 2024 at 9:58 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.