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940 New Depot St Los Angeles, CA 90012

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For Sale
$3,500,000

Well-maintained 7-unit property in prime Los Angeles location.

Lot size:
0.14 Acres

Property Features for 940 New Depot St

General Information

Lot size
0.14 Acres

Building Details

Year built
1983
Source: Elliman

Listing Agent: Susie Achury

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


Overview

Echo Park Multifamily Investment Opportunity

This well-maintained 7-unit multifamily property is located in the Echo Park neighborhood of Los Angeles. Constructed in 1983, the 6,060 square-foot building is situated on a 6,091 square-foot lot zoned LAR4. The property features a mix of spacious units, gated on-site parking, and shared laundry facilities. Recent upgrades to both the exterior and interior units enhance the property's appeal. The property offers stable income performance with potential for long-term appreciation and future value growth. The property is ideally positioned near Downtown Los Angeles, major transportation routes, restaurants, and neighborhood conveniences.
Location Intelligence

Current Use by Public Records

Teck Brothers Inc Construction

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.24607
Latitude
34.06577

FAQs

What type of property is this?
Apartment building - Well-maintained 7-unit property in prime Los Angeles location.
Where is this apartment building located?
The property is located at 940 New Depot St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Prime Echo Park location near Downtown Los Angeles, transportation, restaurants, and conveniences.; - Stable income performance with potential for long-term appreciation and value growth.; - Well-maintained 7-unit multifamily property with recent exterior and interior upgrades.
More about this property
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