341 Douglas St, Los Angeles, California 90026, Los Angeles, 90026 - 5 bed, 5 bath
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341 Douglas St
Los Angeles, California 90026
ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
2,492Sq Ft
5,599Lot Size
Property Price
LIST PRICE$1,499,000
EST. MARKET VALUE
$1,446,276
3% AboveMARKET VALUE
SUMMARY
This Turnkey Multi-Unit Residence is a High-Potential Investment Opportunity, listed at $1,575,000. While priced slightly above the $1,499,476 Fair Market Value, the property offers significant long-term stability through its Excellent Condition Rating and comprehensive infrastructure upgrades, including 400-amp service and new systems. Featuring three distinct units and six off-street parking spaces, it provides rare flexibility for rental income or multi-generational living. With distant views of the Hollywood Sign and proximity to Echo Park, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating asset.
Estimated Market Value
$1,446,276
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive, down-to-the-studs renovation within the last 5 years. It features brand new systems including 400-amp electrical service, new plumbing and sewer lines, mini-split HVAC, and a new roof. The kitchens and bathrooms are fully modernized with designer finishes, and the structural reinforcement and new windows ensure a mint, maintenance-free condition.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features three distinct residences—a duplex plus a separate ADU—offering exceptional flexibility for owner-occupants to generate rental income or for investors to maximize yield in a high-demand rental market.
- Comprehensive Infrastructure Upgrades
Beyond designer finishes, the property underwent a major renovation including new sewer/water lines, 400-amp electrical service, new roof, and framing reinforcement, significantly reducing future capital expenditure risks.
- Exceptional Parking & Accessibility
Rare for the Echo Park and Silver Lake area, this property provides six off-street parking spaces with a gated entrance and EV-charging potential, addressing one of the most significant pain points in dense Los Angeles neighborhoods.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Recently Sold Property
The property was recently sold within the past year on 2025-12-19. The sold price is $900,000.00.
- Local School Performance
Several of the assigned public schools in the immediate vicinity carry low performance ratings (ranging from 2 to 4), which may be a deterrent for families prioritizing high-ranking educational districts.
About 341 Douglas St
Welcome to 341 Douglas St, where classic Los Angeles character meets thoughtful modern living and where your home can offer so much more than just a place to live. The Spanish inspired façade, graceful arches, warm exterior lighting, mature greenery, and distinct entrances create the charm of a classic LA residence with remarkable flexibility inside. Step through the front door and the feeling is bright, warm, and inviting. Natural light fills the living spaces, complemented by warm wood-tone cabinetry, modern kitchens, stainless-steel appliances, beautifully updated bathrooms, SPC flooring, MINI-SPLIT HVAC, in-unit laundry, and designer-curated finishes throughout. What makes 341 Douglas truly unique is the way it lives. The property offers THREE DISTINCT RESIDENCES: Duplex homes, each with 2 bedrooms and 1.5 baths, plus a separate 1-bed, 1-bath ADU for a combined 5 bedrooms + 4 bathrooms across approximately 2,492 SF. The residences are individually addressed as 341, 343, and 341 1/2 Douglas St., creating separation and privacy within one property. Imagine enjoying your own beautifully renovated residence while having additional space for rental-income potential, guests, a separate household, or changing needs over time. It’s a home you can enjoy today while creating options for tomorrow. The renovation goes far beyond cosmetic updates. Major improvements include new sewer and water lines, 400-amp electrical service with new wiring, new roof, framing reinforcement, windows and doors, stucco, insulation, kitchens, bathrooms, flooring, appliances, landscaping, fencing, metal entry gate, and concrete rear parking. The upgraded electrical service also offers future individual EV-charging potential. Ample six car off-street parking provides exceptional convenience for residents and guests. Enjoy views toward the HOLLYWOOD SIGN while living just west of Downtown Los Angeles and moments from Echo Park and Silver Lake, with convenient access to dining, shopping, parks, transit, nearby medical center and the 101, 110, 5 and 10 freeways. LIVE IN ONE AND RENT THE OTHERS. Create a flexible multi-unit lifestyle, or simply enjoy a TURNKEY, MOVE-IN READY home offering more possibilities than a traditional single-family residence. 341 Douglas Street brings together CLASSIC LA CHARACTER, MODERN COMFORT, PRIVACY, FLEXIBILITY + INCOME POTENTIAL. All in one thoughtfully reimagined Central Los Angeles property.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 5,599 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Betty Plasencia Elementary School
Grades K-6 • 0.1 mi
4/10
Gratts Learning Academy For Young Scholars (Glays)
Grades K-6 • 0.6 mi
3/10
Lake Street Primary School
Grades K-1 • 0.8 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.5 |
| Baths | 5.0 | 2.9 |
| Square foot | 2,492 | 2,090.331 |
| Lot Size | 5,599 | 5,852.908 |
| Price | $1.50M | $830.9K |
| Price per sq ft | $602 | $394 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 39 | 87 |
Pricing History
Listed for Sale
Nov 3, 2026
$1,499,000
$1,575,000
-5% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$1,575,000
Initial Listing
Sold
Dec 19, 2025
$900,000
Public Record