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$ 2,525,000
Est. payment /mo
New
722 Echo Park AVE Los Angeles, CA 90026
9 Beds
9 Baths
7,257 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,257 sqft
Price per Sqft $347
MLS Listing ID 26862009
Bedrooms 9
HOA Y/N No
Year Built 1928
Lot Size 7,501 Sqft
Property Description
We are pleased to present a nine (9) unit apartment building located at 722-745 Echo Park Ave in Los Angeles, California. The subject property is located in a prime Echo Park location, just south of Sunset Ave and west of Glendale Blvd. Situated directly across from Echo Park Lake, this well-located nine-unit multifamily property offers an attractive unit mix of one studio, seven one-bedroom units, and two newly constructed ADUs. Select units have been upgraded with vinyl plank flooring, modern kitchens, updated bathrooms, and contemporary finishes, while recent capital improvements include fresh exterior paint and new roofs on two existing structures. The property also features four single-car garages with potential for future ADU conversion, on-site laundry, and scenic lake views. Residents enjoy immediate access to the 101 and 110 Freeways, major commercial corridors including Sunset Boulevard and Glendale Boulevard, and popular neighborhood destinations such as Sunset Junction, Elysian Park, The Echoplex, Silver Lake's renowned dining, shopping, and entertainment options. Offering an exceptional combination of location, stable cash flow, recent improvements, and meaningful value-add potential, this Echo Park asset is well-positioned to deliver both immediate income and long-term appreciation in one of Los Angeles' most sought-after rental markets.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Fireplace No
Exterior
Total Parking Spaces 4
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5404022004
Special Listing Condition Standard
Listed by Jason Tuvia Marcus & Millichap #01772495