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430 N Bixel Street

Los Angeles (City), CA 90026
  • $1,795,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 21103287
UPDATED: 62 min ago
$1,795,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing provided courtesy of Archie Robb of Keller Williams Studio City and Rich Johns of Kw Commercial Studio City

Description

430 North Bixel Street is an 8 Unit apartment community located in Echo Park (90026), one of LA's most dynamic neighborhoods. It was built in 1923 and consists of 8 apartment units within four separate structures and is sited on a 7,417 SF street-to-street parcel facing both Bixel and Firmin Streets. The four units on Bixel Street are the quintessential L. A. bungalow style and each unit features a generous layout with 1-bedroom and 1-bathroom each. The four units on Firmin Street are larger units and consist of Three (3) 2-bedroom | 1-bathroom units and One (1) 1-bedroom | 1-bathroom unit PLUS a Den. Two of the eight units have been renovated and the property demonstrates a proven concept that a meaningful renovation will achieve an exceptional market rent. The expenses are kept low since each unit is separately metered for gas and electric utilities and has its own water heater.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123140374
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430 N Bixel Street Los Angeles (City), CA 90026

  • Price: $1,795,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 62 min ago
  • ID#: 21103287
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1923
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
430 North Bixel Street is an 8 Unit apartment community located in Echo Park (90026), one of LA's most dynamic neighborhoods. It was built in 1923 and consists of 8 apartment units within four separate structures and is sited on a 7,417 SF street-to-street parcel facing both Bixel and Firmin Streets. The four units on Bixel Street are the quintessential L. A. bungalow style and each unit features a generous layout with 1-bedroom and 1-bathroom each. The four units on Firmin Street are larger units and consist of Three (3) 2-bedroom | 1-bathroom units and One (1) 1-bedroom | 1-bathroom unit PLUS a Den. Two of the eight units have been renovated and the property demonstrates a proven concept that a meaningful renovation will achieve an exceptional market rent. The expenses are kept low since each unit is separately metered for gas and electric utilities and has its own water heater.
Exterior Features

Parking Features Driveway Parking Total 2

Property Features

Association Fee 0 Gross Income 127237 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 83538 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lacw



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Archie Robb of Keller Williams Studio City and Rich Johns of Kw Commercial Studio City