717 E Kensington, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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717 E Kensington
Los Angeles, California 90026
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,204Sq Ft
6,495Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$807,030
5% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity features a Triplex Asset listed at $850,000, positioned slightly above the $807,031 Fair Market Value. While the property requires significant rehabilitation given its Condition Rating of 5, the rare configuration of three detached bungalows on a 6,495 sqft lot offers substantial rental upside. Located in the historic Angelino Heights HPOZ, this project is ideal for Buy-and-Hold Investors or Developers capable of navigating historic preservation guidelines to maximize long-term value in a high-demand Echo Park location.
Estimated Market Value
$807,030
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 |
|---|---|---|---|---|---|---|
★ 717 E Kensington Subject 0 bd · 0 ba · 2,204 sqft · $366 | $850,000* List Price | 0 | 0 | 2,204 | $366 | - |
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 1473 Allison Active Under Contract 4 bd · 2 ba · 1,790 sqft · $467 · 0.4 mi | $835,900 List Price | 4 | 2 | 1,790 | $467 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1923 and marketed as a 'project' for investors to 'reimagine,' this property shows no evidence of recent renovations to kitchens, baths, or major systems. The age and description suggest significant deferred maintenance and the need for a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Configuration
The property features three detached bungalows, offering a rare layout that provides tenants with increased privacy and the feel of single-family living, maximizing rental appeal and income potential.
- Prime Historic Location
Situated in the prestigious Angelino Heights HPOZ of Echo Park, the property benefits from significant architectural character and proximity to high-demand restaurants, shops, and entertainment.
- Strategic Assemblage Potential
The opportunity to acquire this alongside the adjacent parcel at 723 E Kensington allows for a larger-scale investment or reimagined development project in a highly desirable neighborhood.
CONSRISKS & DEFICIENCIES
- HPOZ Regulatory Constraints
Located within a Historic Preservation Overlay Zone, any renovations or development are subject to strict architectural guidelines, which can increase costs and project timelines.
- Mandatory Joint Sale
The requirement to purchase the adjacent property increases the total capital outlay and complexity of the transaction, potentially limiting the pool of qualified buyers.
About 717 E Kensington
This is a rare opportunity to own two adjacent properties in the desirable and historic Angelino Heights neighborhood of Echo Park. This approximately 6,495 square feet parcel features three detached bungalows, each offering 2 bedrooms and 1 bathroom, with approximately 720 square feet of living space per unit. In addition, the adjacent property at 723 E Kensington (Residential Listing #WS26188470), featuring a historic home, will be sold together with this property. Both parcels are located within a City Historic Preservation Overlay Zone (LARD2-1VL-HPOZ), offering a unique opportunity to own and potentially reimagine multiple properties in one of Los Angeles's most distinctive historic neighborhoods. Whether you are an investor or developer looking for your next project, or a homeowner ready to bring your vision to life, this is a unique opportunity to create something special in a highly desirable location. Angelino Heights is celebrated for its historic character, architectural charm, and proximity to the vibrant restaurants, shops, entertainment, and amenities of Echo Park and surrounding Los Angeles neighborhoods.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1923
- Lot Size
- 6,495 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 • 0.3 mi
4/10
Castelar Street Elementary School
Grades K-5 • 0.7 mi
6/10
Gratts Learning Academy For Young Scholars (Glays)
Grades K-6 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,204 | 2,090.331 |
| Lot Size | 6,495 | 5,852.908 |
| Price | $850.0K | $830.9K |
| Price per sq ft | $386 | $394 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 35 | 87 |
Pricing History
Listed for Sale
Oct 5, 2026
$850,000
Initial Listing