About This Home
This 4-bedroom, 2-bathroom multi-family at 1131 Echo Park Ave in County - Los Angeles, CA is listed for $1,050,000 ($505 per sqft). Built in 1911, the home offers 2,080 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1911
- 0.17 acre lot
- 2 stories
- 5 parking spaces
- Fireplace
Property Details
Amenities
Welcome to a rare opportunity in one of Los Angeles' most vibrant and sought-after neighborhoods-Echo Park. This charming duplex features two spacious units, each offering 2 bedrooms and 1 bathroom, making it ideal for both owner-occupants and savvy investors.
Situated in an amazing location, the property is just a short walk to Echo Park Lake and the lively energy of Sunset Blvd, where you'll find popular restaurants, cafes, shops, and entertainment. With its central location, you'll enjoy easy access to Downtown Los Angeles, major freeways, and all that the city has to offer.
What truly sets this property apart is the expansive 7,500 sq ft lot zoned LAR3, offering tremendous upside potential. Whether you're looking to expand the existing structure, add additional units, or pursue a full development project, this property provides the flexibility and zoning to bring your vision to life (buyer to verify with city).
The current duplex layout offers immediate rental income potential, while the lot size and zoning make it an exceptional long-term investment. Opportunities like this-combining location, existing income, and development potential-are rare in Echo Park.
Perfect for developers, investors, or buyers looking to grow their real estate portfolio, this is your chance to secure a valuable piece of Los Angeles real estate in a high-demand area. Don't miss out on this one-of-a-kind opportunity to invest, develop, or create your dream property in the heart of Echo Park!
Monthly Cost Estimate
$5,616/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1131 Echo Park Ave
County - Los Angeles, CA 90026
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 1131 Echo Park Ave is listed at $1,050,000 ($505/sqft). The estimated monthly payment is $5,615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1911, 0.17 acre lot, 2 stories, 5 parking spaces, Fireplace.
This property is listed by Luis Carlos Hernandez and can be reached at 5625724661.