1314 Sutherland St_Property for Sale
1314 Sutherland St_Property for Sale
1314 Sutherland St, Los Angeles, CA, 90026-3463, US

1314 Sutherland St

Asset Description

JLL, as exclusive advisor, is pleased to present for sale 1314 Sutherland (the “Property” or “1314 Sutherland”); located in the Echo Park submarket of Los Angeles. The Property is a 16-unit 3 story property comprised of studio units with an average unit size of +500 square feet. Conveniently positioned near the corner of Sutherland St and the world-famous Sunset Blvd, the property benefits from a wide access of local bars, restaurants, and is directly located within walking distance to Dodger Stadium.


Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city’s vibrant hubs. DTLA’s office market has shown an increasingly strong post-COVID recovery as employers begin to bring employees back into the office.


Notably, Echo Park has emerged as a popular destination for young professionals and artist who seek to benefit from Echo Parks restaurant and night life scene. Echo Park features several restaurants on the Michelin guide such as Guisado’s, Tsubaki, and Quarter Sheets.

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Attributes

Number of units
16
Year built
1927

Media

Investment Highlights

  1. Phenomenal Echo Park Location, North of Sunset and Near Dodgers Stadium 
  2. Value Add Opportunity: Over 48% Rental Upside
  3. Strong Cash Flow Day 1 with Immediate Upside Potential: 2 units delivered vacant
  4. Select, Renovated Units Equipped with Stainless Steel Appliances, Black Quartz Counter-Tops, Vinyl Flooring, and White Kitchen Cabinets
  5. On-site Laundry Facility - currently leased with WASH Company
  6. 8,000 rentable SF on a ±0.17 acres of land


1314 Sutherland St 4_Property for Sale

Contact brokers

1314 Sutherland St (0 Properties)

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Last updated
6 Nov 2024