
Los Angeles, California 90026
This triplex represents a High-Potential Investment Opportunity with a List Price of $599,900—positioned well below the $531,484 Fair Market Value by -12%. While the property carries a Condition Rating of 5, its C2-1VL zoning and 1.5 FAR on a 5,906 SF lot provide significant development upside. The asset offers immediate rental income potential in the high-demand Echo Park market. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking to leverage long-term appreciation and value-add structural improvements.
Property is extensive renovation needed.
Built in 1910 (>100 years old) with no mention of recent renovations to major systems, kitchens, or baths. The exterior shows significant deferred maintenance, and the listing's emphasis on 'value-add upside' and 'future development possibilities' indicates the property likely has safety or structural defects requiring a full rehab.
The C2-1VL zoning and 1.5 FAR on a generous 5,906 SF lot offer significant future development possibilities and long-term value appreciation in a high-density area.
Situated in the heart of Elysian Heights and Echo Park, the property is located in one of Los Angeles' most trendy and high-demand rental markets, ensuring low vacancy rates.
As a three-unit residential income property across two structures, it provides investors with existing rental revenue from day one while offering value-add upside.
Originally built in 1910, the property likely requires significant capital expenditure for modern upgrades and structural maintenance to meet contemporary standards.
Several immediate neighborhood schools, such as Logan Street and Mayberry Street Elementary, carry low performance ratings, which may limit the property's appeal to families.
Rare opportunity to acquire a 3-unit income property in the heart of Elysian Heights/Echo Park, situated on an approximately 5,906 SF lot with C2-1VL zoning and a 1.5 FAR! The property currently consists of three residential units across two structures, providing existing rental income from day one. For the long-term investor, this is a compelling opportunity to buy, hold, collect rents, and participate in the continued growth and appreciation of one of Los Angeles' most desirable neighborhoods. Offering an attractive combination of existing rental income, long-term appreciation potential, value-add upside, and future development possibilities, 1911 Echo Park Ave is an excellent opportunity for investors looking to establish or expand their Los Angeles portfolio. If this isn't a good fit for you, VERTIGO REAL ESTATE VENTURES constantly has new investment opportunities. Please call listing agent to see active inventory!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,728 | 2,187.451 |
| Lot Size | 5,906 | 5,841.385 |
| Price | $599.9K | $841.5K |
| Price per sq ft | $347 | $385 |
| Built year | 1910 | 1928 |
| HOA | $0 | $0 |
| Days on market | 21 | 85 |
Aug 19, 2026
$599,900
Initial Listing