Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1515 Echo Park Ave Los Angeles, CA 90026

    Sponsored
    For Sale
    $1,700,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    2,651 SF
    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 8 at 3:06 pm

    Property Features for 1515 Echo Park Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAC2
    Rooms
    Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 4, Laundry Room, Bathroom 2, Bedroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    5419-015-002
    Parking
    4
    Parking features
    Garage, Covered
    Size
    2,651 SF
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1904
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Tile, Wood

    Compass

    Listing agent Max Berger (310) 230-5478 License #02054048

    Listing date Jan 6, 2026

    Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Echo Park Mixed-Use Investment

    Located on Echo Park Avenue, north of Sunset Boulevard, this mixed-use property presents an investment opportunity. The property includes a street-front commercial space, a vacant Craftsman-style single-family residence with 2 bedrooms and 2 bathrooms, an attached studio unit, and a detached rear building with two 1-bedroom units. This layout provides a diversified income profile while maintaining a residential scale that complements the neighborhood. Community laundry facilities and a two-car garage at the rear of the site are among the property's amenities, as well as an outdoor entertainment area suitable for dining and gatherings. The property's location offers walkability in Echo Park, situated approximately 0.3 miles north of Sunset Boulevard, providing close proximity to cafes, restaurants, boutiques, and nightlife. Echo Park Lake is approximately 0.6 miles away, and Dodger Stadium is about 1 mile away. The entrance to Elysian Park is also approximately 0.6 miles from the site, providing access to hiking trails and city views. The property is situated on a lot of 0.14 acres and has a building size of 2,651 square feet. The property is located in Los Angeles, CA, with the zoning LAC2. The property is offered at a 5.82% CAP rate on current rents with approximately 18% rental upside. At projected market rents, the property is expected to stabilize at a 6.84% CAP rate and a 10.27 GRM. Investors can capture additional upside through interior improvements over time.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.255354
    Latitude
    34.080487

    Nearby Similar for Sale

    • Sponsored
      $1,450,000
      3,443 SF

      Commercial Sale - Los Angeles, CA

      Contemporary religious facility in Mid-City Los Angeles with flexible spaces.
      3425 W 15Th St, Los Angeles, CA 90019
      View Details
    • Sponsored
      $1,250,000
      1,598 SF

      Commercial Sale - Eagle Rock, CA

      Two-level commercial building in Eagle Rock with parking and modern upgrades.
      1063 Colorado Blvd, Eagle Rock, CA 90041
      View Details
    • Sponsored
      $1,100,000
      4,096 SF

      Industrial - Los Angeles, CA

      Fire-damaged commercial property in urban development zone, ideal for redevelopment.
      7601 S Alameda St, Los Angeles, CA 90001
      View Details
    • Sponsored
      $899,000
      1,763 SF

      Commercial Sale - San Pedro, CA

      Stand-alone commercial building in prime San Pedro location with parking.
      841 W 9Th St, San Pedro, CA 90731
      View Details
    • Sponsored
      $165,000

      Business Opportunity - Los Angeles, CA

      Established flower shop in downtown Los Angeles with high foot traffic.
      515 S Olive St, Los Angeles, CA 90013
      View Details
    • Sponsored
      $165,000

      Business Opportunity - Los Angeles, CA

      Established flower shop in downtown Los Angeles with high foot traffic.
      515 S Olive St, Los Angeles, CA 90013
      View Details
    • Sponsored
      $120,000

      Business Opportunity - Los Angeles, CA

      Turnkey Thai massage business in high-traffic Santa Monica location.
      5465 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • Sponsored
      $1,100,000
      4,096 SF

      Industrial - Los Angeles, CA

      Fire-damaged commercial property in urban development zone, ideal for redevelopment.
      7601 S Alameda St, Los Angeles, CA 90001
      View Details
    • $1,779,000
      5,218 SF

      New Triplex in Central Los Angeles

      Contemporary triplex near freeways, stadiums, and arenas.
      232 E Gage Ave, Los Angeles, CA 90003
      View Details
    • New
      $1,700,000
      4,631 SF

      Renovated Multifamily Investment Opportunity

      Fully leased, renovated multifamily property in East LA with high cap rate.
      930 Fraser Ave, Los Angeles, CA 90022
      View Details
    • $2,799,000
      7,961 SF

      New Los Angeles Quadruplex Opportunity

      Modern 4-unit property near Downtown Los Angeles with excellent income.
      300 E 25Th St, Los Angeles, CA 90011
      View Details
    • $1,250,000
      1,832 SF

      Charming Spanish-Style Duplex in Los Angeles

      Beautifully preserved duplex with indoor-outdoor living in Glassell Park.
      4526 Verdugo Rd, Los Angeles, CA 90065
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in walkable Echo Park location.
    Where is this mixed-use property located?
    The property is located at 1515 Echo Park Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Mixed-use property in walkable Echo Park location; - Vacant 2-bedroom Craftsman-style single-family residence - Immediate owner-user or rental income potential; - Diversified income streams from commercial space, studio, and two 1-bedroom units
    (310) 230-5478
    Request Owner's contact information
    1515 Echo Park Ave Los Angeles, CA 90026
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1515 Echo Park Ave
    Los Angeles, CA 90026
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1515 Echo Park Ave Los Angeles, CA 90026
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.