308 E Edgeware Road
About this property
This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.
About this property
This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.
Features and Additional Information
Baths
Presented By Coldwell Banker Home Source
Area Information
C21 Silver Lake Echo Park | Los Angeles County |
Schools in the Area
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Elementary School
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Middle School
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High School
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Brokerage: Douglas Elliman of California, Inc.