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1331 Sutherland Street

Los Angeles CA 90026

10
8
5644 sq. ft.
7194 sq. ft.
Other
Currently for sale - view listing

Overview

We are pleased to present an eight (8) unit apartment building located at 1331 Sutherland Street in Los Angeles, California. The subject property is located in a prime Echo Park location, north of Sunset Boulevard and east of Alvarado Street. Located in a prime Echo Park neighborhood, this rare multifamily offering features an attractive unit mix of six one-bedroom units and two two-bedroom units, with three units delivered vacant ready to be renovated. The property boasts exceptional rental upside of over 60%, supported by fully on-site parking and a highly sought-after opportunity to convert both tuck-under and open parking areas into 5+ ADUs. There is also a vacant laundry room. Long held by the original developer's family since 1965, the building presents a unique value-add canvas enhanced by wonderful city views from select units. The property is located just north of Sunset Boulevard and within close proximity to to local bars, restaurants, and Echo Park nightlife. Being offered for the first time since the building was built in the 1960's with three vacant units, 1331 Sutherland Street offers an investor an ideal value add opportunity with great ADU potential.

Features

10 bedrooms
8 bathrooms
5644 sq. ft. floor area
7194 sq. ft. lot size
Other

Happy sellers in Los Angeles

87%
87% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 10 bedroom other properties in Los Angeles

In the last 12 months, 1 numeral.10-bedroom other similar to 1331 Sutherland Street, have been sold.

This represents a 50% increase in numeral.10-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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