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1660 W 2nd Street

Los Angeles (City), CA 90026
  • $1,175,000
  • STATUS: Active
  • ON SITE: 131 Days
  • ID#: WS25173291
$1,175,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Richard Chow of Gotham Elite Properties (562-746-1923)


Description

Great opportunity, 4 of 5 units will be delivered vacant at close of escrow. Income property is near Echo Park. An ideal blank canvas for investor repositioning. Front unit is turnkey ready to rent out. The 3,280sqft multifamily asset presents a compelling 1031 exchange opportunity: defer capital gains while optimizing four vacant units to increase to market rent. Situated to Belmont High, DTLA, transit, and popular eateries, this property blends reliable cash flow"perfect for investors seeking both stability and growth.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/166532855
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1660 W 2nd Street Los Angeles (City), CA 90026

  • Price: $1,175,000
  • Status: Active
  • On Site: 131 Days
  • ID#: WS25173291
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1954
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Great opportunity, 4 of 5 units will be delivered vacant at close of escrow. Income property is near Echo Park. An ideal blank canvas for investor repositioning. Front unit is turnkey ready to rent out. The 3,280sqft multifamily asset presents a compelling 1031 exchange opportunity: defer capital gains while optimizing four vacant units to increase to market rent. Situated to Belmont High, DTLA, transit, and popular eateries, this property blends reliable cash flow"perfect for investors seeking both stability and growth.
Exterior Features

Entry Level 1 Entry Location front Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Street Lights Contingency None Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 6743 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 0 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardNo Smoking Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 3068 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Richard Chow of Gotham Elite Properties (562-746-1923)