1608 Cerro Gordo, Los Angeles CA 90026 | $2,150,000

A rare opportunity to acquire a secluded compound in the sought-after Echo Park neighborhood of Elysian Heights. This special property features four distinctive units across three charming Spanish bungalows, each offering hardwood floors, period kitchens and baths, views, original architectural details and private outdoor spaces. The crown jewel of the property is a stunning three-story townhouse, boasting 2 bedrooms, 2 bathrooms, and a private ground-level entrance - perfect for an owner-user or premium rental. All units have been thoughtfully renovated and well maintained, offering strong market rents with one unit delivered vacant at close of escrow. Explore the serene neighborhood and see why this area is in high demand with great options for food and drink at Lady Byrd Cafe, Canyon Coffee, Valerie Echo Park, Bacetti Trattoria, Tilda, Cookbook Market, Elysian Park hiking trails and local shops. Ideal for investors seeking a return approaching a 5% CAP or for your personal residence looking to offset mortgage costs with rental income. Please do not walk the property or disturb tenants.

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