1545 DUANE Street, Los Angeles, California
1545 DUANE Street, Los Angeles, California 90026 - BACK ON MARKET: Rare opportunity to own an income producing, character filled property in prime Echo Park is now available. Located just a few blocks away from Morton Village and tucked away on a quiet cup-de-sac behind mature landscape is the Duane Street Triplex. The property consists of a stand alone 1Br, 1Ba California Bungalow with its own private garden and patio, which is being delivered vacant and perfect for an owner user to occupy. The second structure is a side by side duplex (1Br/1Ba each) that is fully rented and generating strong rental income with definite room to grow. All units enjoy their own private outdoor space and are separately metered for gas and electric. Great updates have been made and would make for the perfect 1031 exchange property or starter investment in this rock solid rental market area where rents continue to climb and opportunity is always limited. Vacant unit can be shown by appt. Tenant occupied units shown with accepted offer.
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Listing Courtesy of Berkshire Hathaway HomeService