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Highland Park Four-Unit Investment Opportunity
For Sale
Contact for pricing
Pending

5048 E Echo Street, Los Angeles, CA 90042

Four-unit property with value-add potential in prime Highland Park.

Property Size3,648 SF
Days on Market161

Property Features for 5048 E Echo Street

General Information

Standard status Pending
Size 3,648 SF
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Stories 2
Units 4
Listing Agency: Keller Williams R. E. Services
Listed By: Sheida Rezazadeh · License #01925670
Source: Crexi
Added: Mar 11 Changed: Aug 7 Last Checked: Aug 17 at 12:43PM

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 R. E. Services

Investment Insights

Based on property information with market context.

Located at 5048 E Echo Street, this Highland Park property presents a four-unit investment opportunity. The Spanish Revival-style building consists of four one-bedroom, one-bathroom units, totaling approximately 3,648 square feet. Two units are located on each level. Each unit features a functional layout with generous living space. The property has undergone recent plumbing upgrades and includes newer windows. Situated on a LARD1.5 zoned lot, the property includes four detached garages located at the rear of the building, offering potential for ADU or Jr. ADU conversion. The property is ideally located near local parks, the Metro A Line, and Highland Park's popular restaurants, cafes, shops, and nightlife. It also offers convenient access to Downtown Los Angeles, South Pasadena, and Pasadena, as well as major freeways including the 110, 5, and 134.

Key Highlights

  • Prime Highland Park location with strong rental demand, near parks, Metro A Line, restaurants, cafes, shops, and nightlife.
  • Four spacious one‑bedroom, one‑bathroom units totaling approximately 3,648 square feet.
  • LARD1.5 zoned lot with four detached garages, offering ADU/Jr. ADU conversion potential (buyer to verify).

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Pharmacy Daycare Center Skin Care Clinic Real Estate Agency Spa & Massage Center

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

1,170
Businesses Nearby

Demographics for 90042, CA

58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with value-add potential in prime Highland Park.
Where is this quadplex located?
The property is located at 5048 E Echo Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Prime Highland Park location with strong rental demand, near parks, Metro A Line, restaurants, cafes, shops, and nightlife.; Four spacious one‑bedroom, one‑bathroom units totaling approximately 3,648 square feet.; LARD1.5 zoned lot with four detached garages, offering ADU/Jr. ADU conversion potential (buyer to verify).
More about this property
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