
Los Angeles, California 90012
This Quadruplex Residential Income Asset presents a High-Potential Investment Opportunity, listed at $1,188,888—positioned above the $1,046,979 Fair Market Value. While the property requires capital expenditure due to its Condition Rating of 5, it offers immediate cash flow as a fully leased building. Located at the intersection of Echo Park and Chinatown, the site features scenic views of the Dodger Stadium hills. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a high-demand urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1495 Stadium Way Subject 0 bd · 0 ba · 2,914 sqft · $360 | $1,188,888* List Price | 0 | 0 | 2,914 | $360 | - |
A 649 Alpine Street Sold 0 bd · 0 ba · 3,757 sqft · $333 · 0.4 mi | $1,250,000 | 0 | 0 | 3,757 | $333 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no mention of recent renovations. The exterior displays significant deferred maintenance, including a tarp-covered balcony and cracked pavement, suggesting that the building systems and unit interiors likely require a full rehab to meet modern standards.
Situated at the intersection of Echo Park and Chinatown near Dodger Stadium, the property occupies a high-demand area with significant cultural appeal and appreciation potential.
The quadruplex is fully leased, providing an investor with immediate rental income and eliminating the initial risk of vacancy upon acquisition.
Located in the Silver Lake-Echo Park MLS area, the property benefits from a vibrant creative community and a robust tenant pool seeking an urban lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4878, other record lot size in square feet = 4818.
Proximity to Dodger Stadium can lead to significant traffic congestion and parking challenges for residents during game days and major events.
Built in 1964, the property may require capital expenditures for modernizing systems or cosmetic updates to remain competitive with newer developments in the area.
At the Heart of LA’s Cultural Crossroads One of the most defining features of 1495 Stadium Way is its premier location directly adjacent to the historic Dodger Stadium hills. Stadium Way is perfectly situated at the vibrant intersection of Echo Park and Chinatown, two of Los Angeles’ most historic and high-demand neighborhoods. This central location offers residents a unique urban lifestyle defined by hilly, scenic streets, a thriving creative community, and unparalleled proximity to the city’s most iconic landmarks. 4 units fully leased.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,914 | 2,090.331 |
| Lot Size | 4,878 | 5,852.908 |
| Price | $1.19M | $830.9K |
| Price per sq ft | $408 | $394 |
| Built year | 1964 | 1928 |
| HOA | $0 | $0 |
| Days on market | 38 | 87 |
Oct 2, 2026
$1,188,888
Initial Listing
Dec 6, 2010
$445,000
Public Record
Jul 20, 2007
$20,000
Public Record