577 N Boylston St, Los Angeles, CA 90012

6.61% CAP rate on current rents including realistic market rent for VACANT studio unit. The property is well loved and in turnkey condition. With strong rents and low expenses, this is an excellent investment. Welcome to Echo Park's, Angelino Heights, a community with rich history and world famous for its Victorian and Craftsman homes. Echo Park is known for its trendy restaurants, boutiques, bars & eclectic art and music scene. Just blocks away from iconic Sunset Blvd, and a quick jaunt to Echo Park Lake, this offering includes two structures: a front triplex, and rear duplex. The front structure features a large 3Br+1Ba apartment and two studio apartments upstairs. The larger studio is being held vacant for the new Buyer and has multiple interested potential tenants. The back duplex has two Spanish Style side by side 1Br+1Ba apartments, each with laundry. There is also a large courtyard between the two buildings, with crepe myrtle trees & a fig tree which makes for a lovely outdoor area. The property has had many of its systems upgraded, including a rebuilt foundation, copper plumbing, updated electrical and more. There is also a large basement in the triplex that has extensive storage space.