2714 Queen Street | Los Angeles, CA 90039 | Frogtown
Strong Cash-Flowing 4-Unit | All 2BD Units | Central LA
Marketing description
4-Unit Multifamily | Value-Add Opportunity | Frogtown
Property Description
2714 Queen Street is a 4-unit multifamily investment property located in the Elysian Valley (Frogtown) submarket of Los Angeles. The property consists of four (4) two-bedroom, one-bathroom units and offers near-term operational flexibility with one unit anticipated to be vacant, providing the opportunity to lease at current market conditions or occupy one unit while maintaining income from the remaining units.
The property features separately metered gas and electric, one owner-paid water meter, and covered carport parking. Select units have been renovated, and the property benefits from a lean operating expense profile, supporting strong cash-flow fundamentals.
The location provides convenient access to Downtown Los Angeles, Echo Park, Silver Lake, and major employment centers, while continued public and private investment along the Los Angeles River corridor supports sustained rental demand.
Interior access is available after accepted offer only. Buyer to independently verify all information during due diligence.
Investment highlights
Property Highlights – 2714 Queen Street
Fully occupied 4-unit multifamily property
All units configured as 2BD / 1BA
Stable in-place income with efficient operating profile
Separately metered gas and electric
One owner-paid water meter
Covered carport parking
Select units renovated
Lean annual operating expenses
Drive-by only; interior access after accepted offer
Buyer to verify all information during due diligence
Area Highlights – Elysian Valley (Frogtown)
Centrally located Los Angeles submarket
Close proximity to Downtown LA, Echo Park, Silver Lake, Glendale, and Pasadena
Direct access to the Los Angeles River bike path and riverfront improvements
Ongoing public infrastructure and redevelopment investment
Strong, consistent renter demand
Limited multifamily inventory relative to demand
Convenient access to major freeways and employment centers
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