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1434 Mcduff St Los Angeles, CA 90026

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For Sale
$2,399,000

Five-unit property in Echo Park with immediate income potential.

Lot size:
0.20 Acres

Property Features for 1434 Mcduff St

General Information

Property type
Investment
Standard status
Active
Lot size
0.20 Acres

Building Details

Year built
1939

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Listing Contact
Eduardo Ramirez Ortiz
Source: Elliman

Listing Agency: Compass Listing Agent: Eduardo Ramirez Ortiz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Echo Park Multifamily Investment Property

This five-unit compound in Echo Park offers immediate income, with four of the five units currently rented. The property has undergone a renovation and includes residences that blend craftsmanship with materials, featuring hardwood floors, energy-efficient windows, marble and quartz countertops, wood cabinetry, and designer tile accented by brass and bronze finishes. Each unit has its own private outdoor terrace or patio. The property is fully fenced and enhanced by landscaping with mature citrus trees and drought-tolerant plantings. Tenant amenities include in-unit washer/dryer hookups, dishwashers, refrigerators, stoves, storage, on-site parking via a private driveway, and views toward the downtown skyline. The infrastructure has been upgraded for durability and low maintenance, including new plumbing and electrical systems, new HVAC units, tankless water heaters, five gas meters, five electrical panels, two water meters, retrofitted foundations, and refreshed hardscape. Positioned between Elysian Park and Echo Park Lake, residents are moments from Sunset Boulevard's dining, live music venues, cafes, and boutiques, with Dodger Stadium, Silver Lake, and Downtown Los Angeles nearby. The property offers immediate cash flow, tenant demand, and long-term value in Los Angeles.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.25312
Latitude
34.07821

FAQs

What type of property is this?
Apartment building - Five-unit property in Echo Park with immediate income potential.
Where is this apartment building located?
The property is located at 1434 Mcduff St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: - Immediate high-yield cash flow with a projected annual gross income of $204,600.; - Fully renovated, design-forward 5-unit compound in prime Echo Park location.; - Each unit features private outdoor terrace or patio, creating desirable indoor-outdoor living.
More about this property
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