2679 Knox Avenue Active

Los Angeles,CA 90039

$ 875000

4 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25113222

Bedrooms 4

Lot Size 6,873 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This 3-unit property presents a compelling opportunity for investors and those pursuing a 1031 exchange. It's important to note that the units will not be delivered vacant. The property's location is highly desirable, with close proximity to Elysian Park, Dodger Stadium, Echo Park Lake, hiking trails, Griffith Park/Observatory, Hollywood Bowl, Universal Studios, and Silver Lake Meadows. Furthermore, it offers convenient access to transportation, the Los Angeles River Trail, restaurants, downtown LA, and surrounding cities, making it an ideal location for those who enjoy walking, running, or cycling. The garage, currently not in use by the tenants, presents a potential opportunity for adding a 4th unit. This property previously consisted of 4 units before being converted into its current 3-unit configuration. The two ground-level units are well-maintained, featuring a recently replaced roof. Sellers will not entertain owner-occupied offers. Thank you for showing interest, and good luck!
This 3-unit property presents a compelling opportunity for investors and those pursuing a 1031 exchange. It's important to note that the units will not be delivered vacant. The property's location is highly desirable, with close proximity to Elysian Park, Dodger Stadium, Echo Park Lake, hiking trails, Griffith Park/Observatory, Hollywood Bowl, Universal Studios, and Silver Lake Meadows. Furthermore, it offers convenient access to transportation, the Los Angeles River Trail, restaurants, downtown LA, and surrounding cities, making it an ideal location for those who enjoy walking, running, or cycling. The garage, currently not in use by the tenants, presents a potential opportunity for adding a 4th unit. This property previously consisted of 4 units before being converted into its current 3-unit configuration. The two ground-level units are well-maintained, featuring a recently replaced roof. Sellers will not entertain owner-occupied offers. Thank you for showing interest, and good luck!

Location

State CA

County Los Angeles

Area Los Angeles (90039)

Zoning Assessor

Building

Lot Description Curbs

Story 2

Others

Monthly Total Fees $33

Acceptable Financing Exchange

Space Rent $1,091

Listing Terms Exchange

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