2233 Riverdale Ave Los Angeles, 90031
$2,500,000 | 18 BD | 9 BA | 6,728 AC
Attention Investors: This 8-unit complex in the Silver Lake/Echo Park/Elysian Valley area awaits your vision to see the potential behind an excellent opportunity with tremendous upside potential.
Spacious units, each with 2 parking spaces. Additional income from community laundry. Tenants have month-to-month leases. Located inside this much sought after vintage Los Angeles area, and within 5-10 minutes to boom town DTLA and hot spots, historical LA Dodgers Stadium, Chinatown, Hollywood, Universal City, and close proximity to Highland Park, Eagle Rock, Glendale, Burbank and Pasadena. Walking distance to the re-surging Los Angeles River (a popular tourist spot for walkers, bikers and kayakers). Great family-oriented neighborhood with nearby schools. Unit #4 is currently vacant for Owner/Users, and/or ready to lease at market rate for Investors. This investment is ready for prime restructuring.
Community Explore Silver Lake – Echo Park
Immersed in creative energy and trend-setting culture, Silver Lake – Echo Park is burgeoning with prospective buyers who seek charming residential living but a quick escape to the city readily available. Nestled between Hollywood, Downtown Los Angeles, and Los Feliz, the community boasts an array of properties, most notably their stunning mid-century homes designed by the greats Richard Neutra and Frank Lloyd Wright.
From its well-respected music scene to quaint cafes and coffee shops to endless outdoor activities and its namesake reservoir, Silver Lake – Echo Park is an entertainer’s dream, a nature’s lover adventure, and an affluent professional’s retreat.
- The Black Cat
- Maison Kitsune Los Angeles
- Echo Park
- Dodger Stadium
- Tartine Silver Lake
- El Cid
- PHAROS Athletic Club
- Little Pine