1244 Innes Avenue
1244 Innes Avenue
$4,500,000
12
20
8,864
8,864
$508
Description
Presenting an amazing opportunity to purchase a turn key coliving or short term rental property featuring twenty seven bedrooms in the highly desirable area of Echo Park. This new construction project consists of a brand new four unit apartment building with five bedrooms and three and a half baths each in addition to a completely remodeled unit in the rear that has its own seven bedrooms. A semi below grade garage level also offers ample storage and the option for additional income from parking....Presenting an amazing opportunity to purchase a turn key coliving or short term rental property featuring twenty seven bedrooms in the highly desirable area of Echo Park. This new construction project consists of a brand new four unit apartment building with five bedrooms and three and a half baths each in addition to a completely remodeled unit in the rear that has its own seven bedrooms. A semi below grade garage level also offers ample storage and the option for additional income from parking. Designed with efficiency and comfort in mind, each unit maximizes space and livability while also taking into account operator logistics such as cleaning closets, IT, and ample storage. Tenants will enjoy floor to ceiling windows, plenty of natural light, and modern curated finishes. Half of the units have access to a common area roof deck with sweeping views from DTLA to Hollywood, and amenities abound nearby. Dodgers Stadium is within walking distance, and coffee shops as well as the most popular restaurants are all within reach. Situated right in the midst of this thriving locale with an exceptionally strong rental market, do not miss this chance to purchase a turnkey building ready to generate income on day one.
- Listed by Alan Lu • DRE #01514595 • Brokerage DRE #01928528 • ALTC Realty • 626-378-8007
Property Details for 1244 Innes Avenue
Parking Spaces Total
10
Private PoolNo
Cooling TypeCentral Forced Air
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area8864
Assessor Parcel Number5406-015-041
Location
LISTING UPDATED: 01/01/2024 01:58 AM
Property Details for 1244 Innes Avenue
Status | Active |
---|---|
MLS # | AR23225195 |
Days on Market | 153 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2024 |
County | Los Angeles County |
Location
Building Information for 1244 Innes Avenue
Building/Complex1244 Innes AveFloor-Stories3Residences-Pet Policy-Year Built2024Building Size-
Payment Calculator
$25,776 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1244 Innes Avenue
Property History for 1244 Innes Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1244 Innes Avenue
Taxable ValueLand$656,187Additions$514,012Total$1,170,199
Tax Record2023$14,612 ($1,218 / month)
Home Facts
Total Finished SqFt2,336 SqFtAbove Grade Finished SqFt2,336 SqFtStories1Lot Size9,913 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLAR3CountyLOS ANGELESAPN5406-015-041
Schools near 1244 Innes Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Logan Academy of Global Ecology PublicK to 8 | ||
Belmont Senior High School Public9 to 12 | ||
Miguel Contreras Learning Complex School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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