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Multifamily Building With ADUs
For Sale
$2,525,000

722 Echo Park Ave, Los Angeles, CA 90026

Multifamily property with upgraded interiors, new exterior improvements, on-site laundry, garages, and views across from Echo Park Lake.

Property Size7,257 SF
Price / SF$347.94
Days on Market17

Property Features for 722 Echo Park Ave

General Information

Standard status Active
Size 7,257 SF
Property subtype Residential Income
Listing Agency: Marcus & Millichap
Listed By: Jason Tuvia · License #01772495
Source: Exprealty
Added: Jul 20 Changed: Aug 3 Last Checked: Aug 3 at 3:06AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This 7,257-square-foot multifamily property at 722 Echo Park Ave includes two newly constructed ADUs, four single-car garages, and on-site laundry. Select residences feature vinyl plank flooring, modernized kitchens, refreshed bathrooms, and contemporary finishes. Recent exterior work includes new paint and roofs on two existing structures.

The property is positioned directly across from Echo Park Lake, just south of Sunset Ave and west of Glendale Blvd. Residents have access to the 101 and 110 Freeways, as well as nearby commercial corridors and destinations including Sunset Junction, Elysian Park, The Echoplex, and Silver Lake dining, shopping, and entertainment. The combination of apartment units, accessory dwelling units, garages, and recent improvements creates a multifamily asset with varied existing features and future conversion potential in a central Los Angeles setting.

Key Highlights

  • 7,257‑square‑foot multifamily property at 722 Echo Park Ave
  • Two newly constructed ADUs included
  • Four single‑car garages with potential for future ADU conversion

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Accounting Firm Computer & Electronic Repair Electrical Service

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

2,712
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Multifamily property with upgraded interiors, new exterior improvements, on-site laundry, garages, and views across from Echo Park Lake.
Where is this apartment building located?
The property is located at 722 Echo Park Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,525,000.
What are key features of this property?
This property features: 7,257‑square‑foot multifamily property at 722 Echo Park Ave; Two newly constructed ADUs included; Four single‑car garages with potential for future ADU conversion
More about this property
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