30 years of

COMBINED EXPERIENCE

Real Estate Investment Sales   Financing   Research   Advisory Services

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$700 Million+ in Total Sales Volume

240+ Transactions

Multifamily & Student Housing Specialization

Our Track Record

OUR TEAM

Our team consists of 11 highly qualified and specialized individuals who excel in each of their own respective markets.  Our collaborative environment maximizes your return.

Current Listings

1334 Lake Shore Avenue

Los Angeles, CA 90026

$2,400,000

Marcus and Millichap is pleased to present a six (6) unit apartment building located at 1334 Lake Shore Avenue in Los Angeles, California. The property is positioned in a prime Echo Park location, north of Sunset Boulevard and east of North Alvarado Street. Echo Park is a diverse and eclectic area, attracting strong development and new residents every year. Echo Park is a rapidly changing rental market that is adjacent to East Hollywood and Downtown Los Angeles. 

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Completely rebuilt in 2003, this offering contains two detached apartment buildings, a fourplex that consist of four (4) one bedroom / one-bathroom units, and a duplex consisting of two (2) two bedroom / one-bathroom townhouse units. The two-story townhouse units feature a dining room, a living room fireplace (non-wood burning), two large walk-in closets (one with windows), and garage parking. Every unit includes upgrades of; copper plumbing, ABS drains, new up to code wiring, earthquake strapping up to code, refinished oak hardwood floors, granite countertops, French windows, 9-foot arched ceilings, and individual W/D units. The roof on the fourplex was installed in 2003 and on the duplex in 2019.

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Positioned in a prime Echo Park location, this offering presents an excellent opportunity for an astute investor to capitalize on strong rental upside in a core market of Los Angeles.

1031 Tax Deferred Exchange

Mitigating risk, maximizing return.

1031 Exchanges are tax deferred sales where sellers can capitalize on their equity by selling their real estate and purchasing another investment property. All of their capital gains tax becomes deferred and our clients typically get to purchase a larger asset with higher cash flow. 
Marcus & Millichap is the industry leader in completion of 1031 exchanges and we have the largest pool of 1031 exchange buyers in the nation.  Our extensive network of active investors allow us to successfully complete these 1031 exchanges with a 99% success rating. Allow us to show you how we can improve your net cash flow with an age old industry technique.

Our Closed Transactions

"Thank you for your patience with our exchange.  This was our first exchange and you by far exceeded our expectations.  We are very excited about our new exchange property and the fact that we received such a high price for our Hollywood property.  We will definitely refer you more business in the future."

Rufino C.

Whether you’re looking to acquire, dispose, exchange, or re-finance property- we're here to help.  The Tuvia Group of Marcus & Millichap is the leading Commercial Real Estate Investment Brokerage and Advisory team in Los Angeles and Ventura County. We have cultivated the largest pipeline of committed investors and consistently realize maximum returns for all of our clients. 

 

Complete the Following For A Complimentary,

In-Depth Analysis of your Multifamily Asset.

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Get In Touch

Jason Tuvia
Senior Vice President of Investments
16830 Ventura Blvd Ste #100
Encino, CA 91436

Cell: (818) 448-4415 | Office: (818) 212-2735

Fax: (818) 698-8372

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