Elysian Heights Duplex! Buy a duplex in Echo Park get help paying your mortgage

I've talked about this before.  Why buy a house when you can buy income property and have a tenant help you pay your mortgage? That post was about properties for sale in Silver Lake, but the same information holds true for whatever area you are looking to buy. This property is located at 2158 VESTAL AVE and consists of  a 2 bedroom/1 bath unit plus a 1 bedroom/1 bath unit.  Echo Park is a highly desirable rental area and this is a nice street of small bungalow type properties.  Besides the location, this property has a couple of big plusses for average hard-working first time buyer.  It's Done! You don't have to raise a finger. Just call your friends with trucks, order some pizza and beer and move right in. Which unit should you move into?  That's another plus. Take your pick. Both units are vacant. You can live in the 2 bedroom, or take the smaller unit and collect more rent.  Having the property delivered vacant lets you set the rents to market value, plus there are no relocation fees to pay to existing tenants before you can take occupancy. The garage has been converted into storage but there is still off street parking available in the driveway. This area of Echo Park also has a decent amount of offstreet parking available.  The lot is small so it's a bit of a condo alternative. The front yard is fenced in and grassy but that's about it for outdoor space.  If you think in terms of living there now and moving out later to rent both units out, the small yard simply means less maintenance for you as a landlord down the road. This one is definitely worth a look. It's scheduled to be open today from 2-4 but if you'd like to check it out another time, give me a call at 213-215-4758 and I'll make arrangements. For more information on Silver Lake, Echo Park, Los Feliz, and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com Jenny Durling Broker Associate L.A. Property Solutions 213-215-4758 info@LApropertySolutions.com LApropertySolutions.com