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1859 Echo Park Avenue, Los Angeles, CA 90026

Property

1859 Echo Park Avenue, Los Angeles, CA 90026 Sold August 2024 CRMLS
$1,450,000Sold August 2024

Listing Agent: Jason Tuvia (DRE #01772495) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jason Tuvia · Marcus & Millichap · MLS #24402992 · Source: CRMLS

5
Bedrooms
5
Bathrooms
2,741
Sq Ft
7,495 sqft
Lot Size
1920
Year Built
Property
Type
2
Stories
WallFurnace
Heating
CityLights
View

About this property

We are pleased to present a five (5) unit apartment building located at 1859 Echo Park Avenue in Los Angeles, California. The subject property is located in a prime Echo Park location, west of Park Drive and south of Baxter Street. Built in 1920, this property consists of a great unit mix of four(4) one-bedroom / one-bathroom units and one (1) one-bedroom/ one-bathroom and den unit. This asset has wonderful landscaping with spacious patios and lush curb appeal. The property offers ample privacy on a quiet street while also offering five (5) on-site parking spaces that have the potential to convert into multiple ADU Unit(s). The units are spread across three (3) detached buildings with two (2) single-family dwellings and one (1) triplex. This character, craftsman style property boasts an on-site laundry room for tenant convenience. Residents will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Canyon Coffee, Modo Yoga LA, Elysian Park, Dodger Stadium, and Echo Park Lake. Minutes away from the -101 and -5 freeways, this location provides its tenants quick and easy access to major employment hubs of Los Angeles. Positioned in a prime Echo Park location, this offering presents an exceptional opportunity for an investor to capitalize on a character, craftsman-style asset with tremendous upside.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$1,450,000
Sold August 2024 · listed $1,525,000, on market June 2024 · MLS #24402992 · Source: CRMLS
Listing Agent: Jason Tuvia · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jason Tuvia · Marcus & Millichap
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