We are pleased to present the opportunity to acquire 2730 Council St. A multifamily building comprised of 4 units on a very quiet street and ideally located in the heart of Los Angeles, The property is located in Historic Filipinotown and only minutes away from Echo Park, Silverlake, Koreatown, Hollywood, Downtown, and within close proximity to various shops, restaurants, and entertainment districts. Beautifully designed with the highest standard of quality and craftsmanship. This modern property offers energy efficient building materials, stainless-steel appliances, and designer finishes. Completed in October 2023. Currently fully leased non-rent controlled fourplex with a cap rate of 5.07%. All units separately metered for gas, electricity, and water. Solar panels for all units to keep expenses low. Tenants pay all utilities. Total gross rents $17,300 per month.
2730 Council Street, Property Listing: MLS® #WS24042174 Close