Echo Park Condo, With Down-Payment Assistance, Still Available

Echo Park Condo, With Down-Payment Assistance, Still Available

Only 1 unit remains in an Echo Park condo complex of 4, completely rehabbed by non-profit organization Enterprise Home Ownership Partners (EHOP), with down-payment assistance from the City of L.A. and the Los Angeles Housing Department up to $90,000 for eligible Buyers. Built in 1915, the quadruplex underwent an extensive condo conversion, replete with lead-abatement and eco-friendly updates, including bamboo flooring, electricity powered by solar panels, a tankless water heater system, and dual-paned windows.

The down-payment assistance program, or soft 2nd loan, is available for first-time home buyers.  Priced at $320,000 for 2 bedrooms, 1 bath, with a monthly HOA fee of $142.  Gated parking is included. For a specific lender contact and additional property information, please contact me at (213) 718-1110.  I represented the sale of 2 of the 4 units.

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