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.

About Jovelle Schaffer

Echo Park native and real estate agent who loves to cook, imbibe, and write about Los Angeles real estate, community, revitalization.

Speak Your Mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.