
Los Angeles, California 90026
This 1905 triplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,150,000—positioned slightly above the $1,145,730 Fair Market Value. While the property requires modernization given its Condition Rating of 4, the asset features a desirable unit mix of two 3BR/1BA and one 2BR/1BA units on a 6,500 sq. ft. lot. With separate utility meters and significant ADU expansion potential, this property is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on Echo Park’s high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1922 Santa Ynez Street Subject 0 bd · 0 ba · 2,253 sqft · $509 | $1,150,000* List Price | 0 | 0 | 2,253 | $509 | - |
A 981 W Kensington Sold 0 bd · 0 ba · 1,993 sqft · $414 · 0.4 mi | $825,000 | 0 | 0 | 1,993 | $414 | 0.4 mi |
B 1465 W Temple Street Active 7 bd · 4 ba · 2,165 sqft · $545 · 0.6 mi | $1,179,750 List Price | 7 | 4 | 2,165 | $545 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1905, the property has undergone some past renovations but remains dated. The bathroom features functional but basic fixtures and tiling likely 15-20 years old. The listing's emphasis on 'value-add' and 'rental upside' confirms that while livable, the units and systems require modernization to meet current market standards.
Situated in a highly walkable and vibrant neighborhood just blocks from Sunset Boulevard and Echo Park Lake, ensuring high tenant demand and long-term appreciation.
The generous 6,500 sq. ft. lot offers ample space for ADU expansion, while the existing units provide strong rental upside for investors looking to maximize passive income.
The property features a desirable mix of two 3-bedroom units and one 2-bedroom unit with separate utility meters and on-site parking, simplifying management and attracting diverse tenants.
Built in 1905, the property may require substantial capital expenditure for structural maintenance or system upgrades typical of older vintage buildings.
Several assigned and nearby public schools, such as Logan Street and Mayberry Street Elementary, carry low performance ratings, which may deter families with school-aged children.
Prime Echo Park investment opportunity at 1922 Santa Ynez St! This attractive triplex sits on a generous ~6,500 sq. ft. lot just blocks from Sunset Boulevard and Echo Park Lake, featuring three separate units (two 3BR/1BA units and one 2BR/1BA unit) with separate utility meters, ample on-site parking, with strong rental upside and ADU expansion potential. Ideal for generating passive income or a value-add investor aiming to capitalize on one of Los Angeles's most vibrant and walkable central neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-1 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,253 | 2,090.331 |
| Lot Size | 6,500 | 5,852.908 |
| Price | $1.15M | $830.9K |
| Price per sq ft | $510 | $394 |
| Built year | 1905 | 1928 |
| HOA | $0 | $0 |
| Days on market | 10 | 87 |
Oct 30, 2026
$1,150,000
Initial Listing
Dec 22, 2010
$340,000
Public Record
Aug 25, 2003
$445,000
Public Record
Aug 9, 2001
$162,000
Public Record
Sep 22, 1998
$255,000
Public Record