
Los Angeles, California 90026
Rare opportunity in the heart of Echo Park. Situated on an approximately 5,906 SF lot, this 3-unit property offers existing rental income alongside compelling long-term upside in one of Los Angeles’ most sought-after neighborhoods. Zoned [Q]C2-1VL, the property presents an intriguing opportunity for investors and developers to explore future redevelopment or additional density, subject to independent verification. Just two doors from a recently constructed four-story multifamily project- consisting of 13 units, demonstrating substantial multifamily development activity along this stretch of Echo Park Avenue. Ideally positioned near Downtown Los Angeles, Dodger Stadium, Elysian Park, neighborhood cafés, restaurants, hiking trails and the best of Echo Park, the property combines location, income and potential at an attractive entry point. Buy, hold, collect rents and explore the possibilities of a generational investment.
Property is extensive renovation needed.
Built in 1910, this 114-year-old property far exceeds the 30-50 year threshold for major system failure. The listing description emphasizes 'redevelopment' and 'future density' rather than interior condition, and the low price point for a triplex in Echo Park indicates significant deferred maintenance and the need for a total rehab of kitchens, baths, and structural systems.
Zoned [Q]C2-1VL on a nearly 6,000 SF lot, the property offers substantial redevelopment upside, evidenced by the neighboring 13-unit multifamily project.
Situated in one of Los Angeles’ most sought-after neighborhoods, the property provides excellent proximity to Downtown LA, Dodger Stadium, and Elysian Park.
As an active triplex, the property generates existing cash flow, allowing investors to collect rent while exploring long-term density or renovation possibilities.
The property was recently sold within the past year on 2026-08-14. The sold price is $400,000.00.
Built in 1910, the structure likely requires significant maintenance or capital improvements to address the wear and tear of a century-old building.
Several assigned public schools, such as Mayberry Street and Logan Street Elementary, have low performance ratings, which may limit appeal for family-oriented tenants.
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 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,728 | 2,090.331 |
| Lot Size | 5,904 | 5,852.908 |
| Price | $599.0K | $830.9K |
| Price per sq ft | $347 | $394 |
| Built year | 1910 | 1928 |
| HOA | $0 | $0 |
| Days on market | 35 | 87 |
Oct 5, 2026
$599,000
Initial Listing
Aug 14, 2026
$400,000
Public Record