$4,500,000
Active
144 Days Online
0 Beds0 Baths8,864 SQFT
Active

1244 Innes Avenue Los Angeles, CA 90026

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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site143 Days
  • MLS StatusActive
  • MLS ID NumberAR23225195
  • Home Size Source N/A
  • Year Built2024
  • Lot Size0.2276 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Garage
  • Parking Spaces 10
  • Sewer Public Sewer
  • Number of Stories Three Or More3
  • Acreage 0.2276
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 10
  • Utilities Electricity ConnectedSewer ConnectedWater Connected
  • Zoning LAR3
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances Gas RangeDryerWasher
  • Flooring Laminate
  • Interior High CeilingsOpen Floorplan
  • Fireplace Features None
  • Fireplace No

Exterior Features

  • Pool Features None
  • Lot 0-1 Unit/ Acre

Community Features

  • Association Dues 0
  • Community Features Urban
  • Senior Community No
  • MLS Area C21 - Silver Lake - Echo Park

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Monthly Payment (Est.)

$24,169
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