Duplex with LAR3
1131 Echo Park Ave County, Los Angeles, CA 90026
For Sale
$1,050,000
County - Los Angeles, CA
Property Size2,080 SF
Lot Size0.17 Acres
Price / SF$504.81
Days on Market273
Property Features for 1131 Echo Park Ave County
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Fireplace
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Century 21 A Better Service · Century 21 Real Estate
(562) 806-1000
Listed By:
Luis Carlos Hernandez · License CA #01702834
(562) 572-4661
Added: Feb 16
Changed: Nov 13
Last Checked: Nov 15 at 2:06AM
MLS# DW26094656
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each arranged with two bedrooms and one bathroom. The property offers 2,080 square feet on a 0.1722-acre lot, with a kitchen and laundry room among the listed spaces. Built in 1911, the property includes a fireplace and is served by public water and public sewer.
Located on Echo Park Avenue in Los Angeles, the property is within walking distance of Echo Park Lake and Sunset Boulevard's restaurants, cafes, shops, and entertainment. Downtown Los Angeles and major freeways are also identified as accessible from the property. The lot carries LAR3 zoning, providing a multifamily land-use designation; any development plans should be verified with the City of Los Angeles.
Located on Echo Park Avenue in Los Angeles, the property is within walking distance of Echo Park Lake and Sunset Boulevard's restaurants, cafes, shops, and entertainment. Downtown Los Angeles and major freeways are also identified as accessible from the property. The lot carries LAR3 zoning, providing a multifamily land-use designation; any development plans should be verified with the City of Los Angeles.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
- 2,080 square feet on a 0.1722‑acre lot
- 7,500 sq ft lot zoned LAR3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,324
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,480
$726.5K
Cap Rate 7%
$518,914
$518.9K
Cap Rate 9%
$403,600
$403.6K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$56.2K $27.00/SF
− Vacancy
−$4.3K −$2.05/SF
EGI
$51.9K $24.95/SF
− OpEx
−$15.6K −$7.48/SF
NOI
$36.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,480
Cap Rate 7%
$518,914
Cap Rate 9%
$403,600
Alternative Uses
Best Use
Multifamily LT 5
$518.9K
$454.1K – $605.4K
NOI $36,324 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$478.1K
$418.4K – $557.8K
NOI $33,469 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$868.4K
$759.9K – $1.01M
NOI $60,790 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,168
Businesses Nearby
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Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles, CA
Properties on Market for Duplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide a four-bedroom, two-bathroom layout near Echo Park Lake and Sunset Boulevard.
Where is this duplex located?
The property is located at 1131 Echo Park Ave County Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; 2,080 square feet on a 0.1722‑acre lot; 7,500 sq ft lot zoned LAR3
