722 Echo Park Avenue, Los Angeles, CA 90026

$2,525,000
9
BD
9
BA
7,257
SqFt

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List Price
$2,525,000
Status
ACTIVE
MLS#
26862009
Year Built
1928
Bedrooms
9
Bathrooms
9
Living Sq. Ft
7,257
Lot Size
7,499
Acres
0.17
Days on Market
8
Property Type
Multifamily
Stories
Multi Level

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.

Additional Information

Attached Structure
Detached
Number Of Units Total
9

Listing courtesy of Listing Agent: Jason Tuvia (jtuvia@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.