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Duplex with Adjacent Commercial Lot

1525 Cortez, Los Angeles, CA 90026

For Sale
New
$1,149,000

Two tenant-occupied homes include a Craftsman-style front residence and a detached rear unit.

Property Size1,597 SF
Price / SF$719.47
Days on Market5

Property Features for 1525 Cortez

General Information

Standard status Active
Size 1,597 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence Both units are fixers

Site & Location

Neighborhood Echo Park

Additional Details

Land Use residential, commercial
Tenant in Place Yes

Amenities

Shingle Roof
Standard

Building Details

Year Built 1914
Listing Agency: KELLER WILLIAMS REALTY
Listed By: MELANIE GUILLEN · License CA #01322895
Source: Corcoran
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY

Rey
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Investment Insights

Based on property information with market context.

The property combines a detached duplex with the adjoining vacant commercial parcel at 1529 Cortez Street. Built in 1914, the front Craftsman residence has 2 bedrooms, 1.5 baths, and approximately 1,150 square feet; the rear home has 3 bedrooms, 2 baths, and approximately 1,597 square feet. Both residences are leased and need work. Parking is on the street only.

The vacant lot is zoned CW. Any future use or development is subject to City approval. The property is located in Los Angeles, near Echo Park Lake and Downtown LA.

Key Highlights

  • Detached duplex offered with the adjoining vacant commercial lot at 1529 Cortez Street
  • Front residence: 2 bedrooms, 1.5 baths, approximately 1,150 SF
  • Rear detached residence: 3 bedrooms, 2 baths, approximately 1,597 SF

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Pet Grooming Service Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,301
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles, CA

$505 Jul
$513 Aug
$528 Sep
$521 Oct

Properties on Market for Duplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two tenant-occupied homes include a Craftsman-style front residence and a detached rear unit.
Where is this duplex located?
The property is located at 1525 Cortez Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Detached duplex offered with the adjoining vacant commercial lot at 1529 Cortez Street; Front residence: 2 bedrooms, 1.5 baths, approximately 1,150 SF; Rear detached residence: 3 bedrooms, 2 baths, approximately 1,597 SF
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