Stephanie Vogt
The median home value in Los Angeles, CA is $1,150,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Los Angeles, CA is $1,150,000.
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compared to 47.38% rented, while
5.3% are vacant.
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Location! Location! Location! This property is a mixed-use building with 7 units. Located at the corner of Temple Street and Rosemont Avenue in the 90026 zip code area of Los Angeles, which is known for its trendy and diverse neighborhoods such as Silverlake and Echo Park. The mixed-use building is conveniently situated near public transportation with several bus lines that run in the general vicinity of this address. The property can be used for both residential and commercial purposes, which makes it a unique investment opportunity for those looking to generate rental income. This area is undergoing a significant transformation with new construction condominium developments, which increase the property values and potentially even new businesses or amenities. Less than 3 miles distance from Downtown Los Angeles. Easy access to Fwy entrance!
Your opportunity to take over an excellent investment. Planning has been approved for up to 14 apartments and building permit is expected in 4 months. Echo Park is Ranked a Top Neighborhood in Los Angeles by EaterLa, Thrilist, Goop, Niche, Loney Planet and New York Times . Walking distance to park and Dodger Stadium. Downtown View.
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