Great opportunity for investor/1031-Exchange & Airbnb Potential — Rare Echo Park income property with 3 of 5 units currently vacant—an ideal blank canvas for investor repositioning. The 3,280?sq?ft multifamily asset presents a compelling 1031 exchange opportunity: defer capital gains while optimizing three vacant units for long-term rent roll or strategically transforming them into high-yield Airbnb rentals in a neighborhood with strong ADR and occupancy. Situated close to Echo Park Lake, DTLA, transit, and popular eateries, this property blends reliable cash flow with STR upside—perfect for investors seeking both stability and growth.
For sale
Listing Provided by:
RICHARD CHOW DRE #01934980 626-226-3462,
Gotham Elite Properties
$1,198,000
1660 W 2nd St, Los Angeles, CA 90026
6beds
--baths
3,280sqft
Est.:
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$365/sqft
$-- HOA
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