5036 Echo Street 308, Los Angeles, California 90042, Los Angeles, 90042 - 1 bed, 1 bath
Loading property details...
5036 Echo Street 308
Los Angeles, California 90042
ACTIVE
CONDITION: FAIR
1Beds
1Baths
672Sq Ft
93,672Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$419,595
13% AboveMARKET VALUE
SUMMARY
This Highland Park condominium represents a Strong Value Opportunity, listed at $475,000—positioned well above the $419,596 Fair Market Value by 13%. While the property carries a Fair Condition Rating due to its 1984 vintage, it offers a functional layout with a versatile bonus space and two assigned parking spaces. Despite the lack of in-unit laundry and higher HOA fees, the prime location near Figueroa Street provides significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a foothold in a high-demand urban market.
Estimated Market Value
$419,595
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5036 Echo Street 308 Subject | $475,000* List Price | 1 | 1 | 672 | $624 | - |
A 241 S Avenue 57 Sold | $435,000 | 1 | 1 | 633 | $687 | 0.5 mi |
B 5840 Benner 201 Sold | $420,000 | 2 | 2 | 753 | $558 | 0.6 mi |
C 5840 Benner 301 Sold | $410,000 | 2 | 2 | 753 | $544 | 0.6 mi |
D 4260 4260 Via Arbolada 206 Active | $395,000 List Price | 1 | 1 | 621 | $636 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984 (40 years old), the property is dated, featuring original popcorn ceilings and older-style cabinetry that has been painted. While the unit has updated laminate flooring and appears functional and move-in ready, it lacks a full modern renovation of major systems and surfaces.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Highland Park Location
Situated in the heart of one of Los Angeles' most trendy neighborhoods, the property offers immediate proximity to the vibrant dining and retail scene on Figueroa Street with easy access to DTLA and Pasadena.
- Exceptional Parking Allocation
The inclusion of two assigned parking spaces is a significant competitive advantage and a rare convenience for a one-bedroom unit in this high-density urban area.
- Versatile Bonus Space
The flexible office or bonus room enhances the functional square footage, providing a dedicated area for remote work or creative use that is highly sought after by modern buyers.
CONSRISKS & DEFICIENCIES
- Shared Laundry Facilities
The absence of in-unit laundry requires residents to use community facilities, which may be a drawback for buyers prioritizing convenience and privacy.
- High HOA Fees
At approximately $457 per month, the association fees are relatively high for a one-bedroom unit of this size, which could impact the overall monthly affordability for first-time homeowners.
About 5036 Echo Street 308
Welcome to this inviting one-bedroom residence with a versatile office or bonus space, ideally located in the heart of Highland Park. Set within the gated Highland Creek community, this well-designed condominium offers a comfortable and functional layout with the flexibility to work from home, create a reading retreat, or enjoy additional living space.The residence includes two assigned parking spacesan exceptional convenience in this sought-after neighborhood. Community amenities include a swimming pool, spa, picnic area, elevator and laundry facilities, creating an easy, low-maintenance lifestyle.Just moments from the vibrant shops, restaurants and cafs along Figueroa Street, with convenient access to Downtown Los Angeles, Pasadena and surrounding neighborhoods. Whether you are searching for your first home, a Los Angeles pied--terre or an investment opportunity, this Highland Park residence offers location, flexibility and value.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 93,672 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $457.44 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 672 | 1,219.385 |
| Lot Size | 93,672 | 27,236.074 |
| Price | $475.0K | $800.2K |
| Price per sq ft | $707 | $650 |
| Built year | 1984 | 1979 |
| HOA | $457.44 | $685 |
| Days on market | 12 | 72 |
Pricing History
Listed for Sale
Aug 28, 2026
$475,000
Initial Listing
Sold
Mar 7, 2012
$63,000
Public Record
Sold
May 20, 2005
$205,000
Public Record
Sold
May 15, 2003
$117,000
Public Record