This private, charming, turnkey investment, with current annual NOI over $115,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private deck and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained with newer roofs, sewer lines and decks. There is still quite a bit of upside if you add laundry to each unit. Total projected 2024 rent for all 7 units: $192,649/ yr. CURRENT CAP RATE: 5.5%. Permit history, general and sewer inspections, and rent rolls available for viewing. Motivated seller.