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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
57 Transit Score
95 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.
5.82% current CAP and 11.52 current GRM with approx. 18% rental upside - 6.84% 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
6 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)) 8 min - 2.4 mi
AirportDriveWalkDistance
Bob Hope 22 min - 14.1 mi
Los Angeles International 30 min - 20.8 mi
Long Beach (Daugherty Field) 36 min - 25.8 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