List Search

1515 Echo Park Ave
Los Angeles, CA 90026 Echo Park

$1,700,000 USD

Storefront Retail Residential For Sale  •  2,177 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,177 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1904
  • Tenancy Multiple
  • Zoning LAC2
80 Transit Score
70 Walk Score

Highlights

Located 0.3 mile north of Sunset Blvd, 0.6 mile from Echo Park Lake and Elysian Park, and 1 mile from Dodgers Stadium (via foot, bike, ride share).
Vacant 2+2 Craftsman-style single-family residence that offers owner-user flexibility in a prime and walkable Echo Park neighborhood.
5.88% current CAP and 11.48 current GRM with approx. 12% rental upside - 6.83% CAP and 10.27 GRM on projected market rents for renovated units.
Amenities include community laundry, a 2-car garage at the rear of the property, and an outdoor entertainment area (perfect for al fresco dining).

Property Flyers

Amenities

  • Bus Line

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 5 min - 2.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 2.4 mi
AirportDriveWalkDistance
Bob Hope 21 min - 14.1 mi
Los Angeles International 28 min - 17.2 mi
Long Beach (Daugherty Field) 34 min - 25.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Kenny Stevens 310-968-7005 Compass
Kenny Stevens 310-968-7005 Compass