Sold – Two Homes on a Lot in Los Angeles | $1,200,000

Sold – Two Homes on a Lot in Los Angeles | $1,200,000

Brandon Kraus and Cameron Samimi of Lyon | Stahl are pleased to have closed 2126 Santa Ynez St, two homes on a lot in Los Angeles!

This property sold for $1,200,000

Offering a 4.20% Cap Rate on current rents; 2126 Santa Ynez St. has a charming Spanish style house in front and beautiful Craftsman home in the back. Both have private yards and have been updated impeccably.

2-bed/2-bath and 2-bed/1-bath homes on a lot in Echo Park. A five minute walk to the lake and all the hottest music venues, trendy bars, coffee shops, and lively nightlife scene.

There are (2) parking spaces uncovered beside the front house and plenty of street parking on Santa Ynez Street.

Each house has their own washer/dryer and is receiving strong rents.

This is the perfect opportunity for any investor looking to own a turn-key, cash flow positive, investment in an upcoming and popular neighborhood.


Investment Highlights:
• (1) 2-bed/2-bath; (1) 2-bed/1-bath homes on one lot
• The property has updated pluming and electric
• Both homes receiving strong rents
• (2) parking spaces total, each unit has own washer/dryer
• (2) Private backyards
• Upgraded extensively
• Strong tenant pool
• Separately metered for gas and electric
• Close proximity to Echo Lake and lively downtown

For future listings:
• Contact [email protected] – (310) 341-2689