
Los Angeles, California 90012
Analysis of 1126 White Knoll Drive, Los Angeles, California 90012 is currently available with a list price of $850,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1921 and marketed as an 'original' multifamily value-add opportunity, the property shows significant signs of age and deferred maintenance. Exterior images reveal peeling paint, weathered storage structures, and a lack of modern HVAC systems (window units visible). Given its 100+ year age and 'investment' status, the kitchens, baths, and electrical systems likely require a full rehab to meet modern standards.
The property features four detached storage structures totaling approximately 1,200 square feet, offering a rare opportunity for ADU conversions to increase density and rental income.
Situated in a rapidly evolving hillside neighborhood near Sunset Blvd, the property boasts panoramic skyline views and proximity to Dodger Stadium, Elysian Park, and Downtown LA.
With a 5.60% cap rate and a GRM of 12.47, this 5-unit asset provides an attractive entry point and immediate cash flow in a high-demand Los Angeles submarket.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4351, other record lot size in square feet = 6216. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2574, other record living area = 2420.
Built in 1921, this 'original' multifamily property likely requires significant capital expenditure for modernization and to address deferred maintenance typical of century-old hillside structures.
The hillside topography and lot size may present logistical challenges and higher engineering costs for the proposed ADU conversions or parking reconfigurations.
Echo Park Hillside Investment Opportunity with Significant Upside Potential 5 -unit multifamily property perched in the hills just off Sunset Blvd, in one of Los Angeles’ most dynamic and rapidly evolving neighborhoods.Featuring three 1-bedroom units and two studio units, offering a coin operated laundry facility , skyline views and surrounded by privacy and hillside charm ,this prooperty provides a living environment that is increasingly difficult to replicate. A standout feature is the presence of 4 Detached storage structures or garages each approximately 300 square feet, creating a unique opportunity for an investor to reimagine the site. Potential exists to reconfigure portions of the parking and storage units , possible ADU opportunities (buyer to verify). One of the last remaining original multifamily properties on this hillside, the asset offers investors the rare combination of existing cash flow, value-add potential, and irreplaceable location characteristics. Cap rate 5.60 and grm of 12.47 Surrounded by new developments and positioned near Echo Park, Elysian Park, Dodger Stadium, and Downtown Los Angeles, the property benefits from both current income and long-term appreciation potential.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 2,574 | 2,864 |
| Lot Size | 4,351 | 7,003 |
| Price | $850.0K | $1.58M |
| Price per sq ft | $330 | $319 |
| Built year | 1921 | 1929 |
| HOA | $0 | $907 |
| Days on market | 45 | 91 |
Jul 10, 2026
$850,000
$998,000
-15% Price Drop
Initial Listing
Jun 7, 2026
$998,000
Initial Listing
May 31, 2002
$420,000
Public Record
Dec 20, 1996
$190,000
Public Record
Dec 30, 1994
$74,909
Public Record
Jun 8, 1994
$140,000
Public Record