Skip To Content

    2219 W Court St

    Los Angeles, CA 90026
    • $3,695,000
    • STATUS: Active
    • ON SITE: 2 days
    • MLS #: 21-777624
    New On Site 2 Days Ago
    UPDATED: 62 min ago
    $3,695,000
    • 16
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,265
      SQFT
    • $509
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2021
    County:

    School Ratings & Info

    Description

    We are pleased to present 2219 W Court St, a newly built 6-unit townhouse complex in prime Echo Park, walking distance from Echo Park Lake and beloved, local hotspots in the active neighborhood. This high demand rental will provide proud investors with a 5% Cap Rate, with easy maintenance and little management needed. 2219 W Court Street features (3) 3 Bed/3 Bath, (2) 2 Bed/ 2 Bath, and (1) 3 Bed/ 3.5 Bath units with high ceilings, large balconies, in-unit washer & dryer, stainless steal appliances, manicured landscaping and attached parking. In addition to the impressive return, investors will enjoy extreme desirability among renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth and steady gentrification.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T11:42:39.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/121396080
    Print Image

    2219 W Court St Los Angeles, CA 90026

    • Price: $3,695,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 21-777624
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    7,265
    SQFT
    $509
    $/SQFT
    2021
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    We are pleased to present 2219 W Court St, a newly built 6-unit townhouse complex in prime Echo Park, walking distance from Echo Park Lake and beloved, local hotspots in the active neighborhood. This high demand rental will provide proud investors with a 5% Cap Rate, with easy maintenance and little management needed. 2219 W Court Street features (3) 3 Bed/3 Bath, (2) 2 Bed/ 2 Bath, and (1) 3 Bed/ 3.5 Bath units with high ceilings, large balconies, in-unit washer & dryer, stainless steal appliances, manicured landscaping and attached parking. In addition to the impressive return, investors will enjoy extreme desirability among renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth and steady gentrification.
    Exterior Features

    Direction Faces East Exterior Construction Concrete Levels Multi/Split Lot Size Area 7779 Other Structures None Parking Garage Carport AttachedCarport Pool Description Fenced Pool YN Yes Roof Flat Style Modern Total Parking 12 Water Frontage None

    Interior Features

    Baths Total 16.50 Cooking Appliances Oven-GasCooktop - GasRange Hood Cooling Central Equipment WasherDryerDishwasherMicrowaveRange/OvenRefrigeratorGarbage Disposal Flooring Laminate Heating Central Kitchen Features IslandOpen To Family Room Laundry In Unit Laundry Equipment Own Water Heater Features TanklessGas

    Property Features

    Assessed Total Value 1173000 Gross Income 252600 Gross Operating Income 252600 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 184791.00 Number Of Buildings 3 Number Of Units 6 Owner Pays Gardener Property Condition New Construction Sale Type Standard Security Features Gated Source Living Area Developer Source Lot Size Area Assessor Tenant Pays GasElectricityWaterTrash Collection Total Annual Expense 60231 Type Of Units Apartment Water Heaters YN Yes Year Built Source Builder Zoning Lar4

    Listing provided courtesy of Yohann Bensimon DRE#01966630 of Keller Williams Hollywood Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T11:42:39.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-777624-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-777624-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-777624-2.jpg
    Logo
    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260