Marcus & Millichap as the exclusive listing agent, is pleased to present a non- rent controlled 1979 construction 4-unit apartment building located at 1544 Council Street. This offering is in the rapidly gentrifying Historic Filipinotown neighborhood, just north of Downtown Los Angeles. This charming, and well maintained 2 story building consists of four 1 bedroom 1 bathroom units.This property offers a great opportunity for an investor to come in and capture the rental income upside by bringing the non rent controlled rents to market. The property offers on site parking, as well as gated access. The building is in walking distance to schools, shopping, and award winning restaurants, having received a Walking Score of 83 (very walkable). Surrounding the property you will find Rockwood Park, Beverly Park, Echo Park lake, and Vista Hermosa park. The owners neighboring building is also on the market. Owner prefers to sell both properties as a portfolio.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
