About this home

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 cafes, 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.

Facts and features

Schools

• Elysian Heights ES Arts Magnet

  elementary · K-5 · 0.2 mi

  7

• Thomas Starr King Middle School

  middle · 6-8 · 1.8 mi

  6

• John Marshall Senior High School

  high · 9-12 · 2.1 mi

  8

• Baxter Montessori School

  elementary · K-3 · 0.2 mi

• Clifford Street Elementary School

  elementary · K-5 · 0.4 mi

  6

• St. Teresa Of Avila Elementary School

  elementary · K-8 · 0.6 mi

Price history

• Oct 6, 2026 · Listed$599,000
• Sep 16, 2026 · Listing Removed—
• Aug 20, 2026 · Listed$599,900
• Aug 14, 2026 · Sold$400,000
• Jun 2, 2026 · Price Changed$999,000
• Apr 27, 2026 · Listed$1,200,000
• Oct 29, 1981 · Sold$70,000

Tax history

• 2025$2,799 tax · $206,771 assessed
• 2024$2,729 tax · $202,718 assessed
• 2023$2,681 tax · $194,848 assessed
• 2022$2,565 tax · $191,028 assessed
• 2021$2,526 tax · $187,283 assessed
• 2020$2,546 tax · $185,363 assessed
• 2019$2,456 tax · $181,729 assessed
• 2018$2,406 tax · $178,167 assessed

Home value

$594,000

• Collateral Analytics$594,000
• Quantarium$582,382

Where it is