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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,395,000

Est. payment - /mo

10 Beds

10 Baths

4,912 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,912 sqft

Price per Sqft $283

MLS Listing ID 26667081

Bedrooms 10

HOA Y/N No

Year Built 1962

Lot Size 6,268 Sqft

Property Description

Situated less than 250 feet from Echo Park Lake, the property offers tenants convenient access to the park, Silver Lake, Sunset Junction, and all of the trendy boutiques, bars, and eateries that have gained recognition in recent years along this stretch of Sunset Boulevard. The Walk Score of 97 is a testament to how accessible these nearby amenities are, as the property earned the highest-tier classification of "Walker's Paradise." With current rents averaging only $1.97 per square foot, an investor could potentially double the property's revenue by bringing rents up to the $4.00+ per square foot level already achieved at several nearby apartments. One-quarter of the unit interiors have already been thoroughly upgrading, providing a helpful blueprint for a new owner to follow as they recapture this rent upside. Renovated units feature new wood flooring, quartz countertops, new custom cabinets, stainless steel appliances, tile backsplashes, new lighting, and remodeled bathrooms. A brand new roof, including new sheathing, was just installed in 2026. The property is also not on the Los Angeles Department of Building and Safety's seismic retrofit list, saving a new owner from an otherwise costly maintenance expense. Dodger Stadium, home of the back-to-back World Series champions, sits just less than one mile east of the property, while Downtown Los Angeles is less than two miles away as well. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 8

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5404018022

Special Listing Condition Standard

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Listed by Roderick 'Rick' Raymundo Marcus & Millichap #01357019

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1120 Logan ST Los Angeles, CA 90026