940 New Depot, Los Angeles, CA 90012

Building Details

Year Built

1983

Listing agent Susie Achury

Listing office s***@exprealty.com Show Phone

Listing date Apr 10, 2026

Source Elliman

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 Susie Achury

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Overview

This well-maintained 7-unit multifamily property is located in the Echo Park neighborhood of Los Angeles. The property features a functional unit mix, gated on-site parking, and shared laundry facilities. Improvements over time have contributed to the building's overall condition and tenant appeal. One unit is currently available for immediate rental. Echo Park is known for its scenic surroundings and vibrant character, offering a blend of natural beauty and urban convenience. The area features Echo Park Lake, tree-lined streets, and a diverse mix of dining, cafes, and local shops. Its central location provides easy access to Downtown Los Angeles, major transportation routes, and surrounding neighborhoods. The location has a bike score of 75, making it very bikeable, a walk score of 97, making it a walker's paradise, and a transit score of 96, making it a rider's paradise. This property presents an opportunity to acquire a multifamily asset in a sought-after neighborhood with long-term growth potential.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

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

-118.24607

Latitude

34.06577

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FAQs

What type of property is this?

Apartment building - Well-maintained 7-unit property in desirable Echo Park neighborhood.

Where is this apartment building located?

The property is located at 940 New Depot Los Angeles, CA.

What is the asking price?

The asking price for this property is $3,295,000.

What are key features of this property?

This property features: Located in the highly desirable Echo Park neighborhood of Los Angeles.; **Excellent walk score (97) and transit score (96).**; 7‑unit multifamily property with a well‑designed unit mix.