
Closed Listing
659 Imogen Ave
659 imogen ave
sold in
Echo Park
Sold At
$
3,000,000
8 (combined)
Number of Units
1924
Year Built
7,128 SF (combined)
SF
Square Footage
15,026 SF (combined)
SF
Lot Size
LARD2
Zoning
659 Imogen Ave, Los Angeles, CA 90026
About the Property
659 Imogen Ave, two well-maintained side-by-side fourplexes in Silver Lake, just South of Sunset Boulevard. Located in a top rental market attracting families and young professionals holding high-income positions in creative industries. Comprised of (8) spacious 1-bdrm. and 1-bath units (averaging approx. 890 SF) sitting on 15,026 SF of land zoned LARD2. Each bright and spacious unit features hardwood flooring, an in-unit washer and dryer and plenty of storage. Property amenities include automatic and gated entry, shared front yard, large communal outdoor area, 8 tandem parking spaces, and each unit is separately metered for gas and electricity. Value-add opportunity, ability to add ADUs, and rents are approx. 23% below market rate compared to renovated units in the area.
8 (combined)
Number of Units
1924
Year Built
7,128 SF (combined)
SF
Square Footage
15,026 SF (combined)
SF
Lot Size
LARD2
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$416,875
Price p/ Sq. ft.
$468
Proforma Cap Rate
5.40




Contact
Sales agent
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