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    Laguna Ave Los Angeles, CA 90026

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    For Sale
    $1,595,000

    Rare 5-unit income property with stunning lake and city views.

    Property size:
    2,918 SF
    Lot size:
    0.13 Acres

    Property Features for Laguna Ave

    General Information

    Standard status
    Active
    Size
    2,918 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1923

    Source: THE COLLECTIVE REALTY Agent WILL TIAO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Echo Park Lakefront Income Property

    This is a 5-unit income property in Echo Park, situated in a coveted location near Echo Park Lake. Set on an elevated lot, the property offers views of the city skyline. The well-maintained property features five units: two detached studio bungalows, a 2-bedroom/1-bath unit, and two additional studio bungalow units in a separate building. Each residence has been updated to retain its original warmth and architectural integrity, offering inviting interiors and a peaceful atmosphere. Residents can access Echo Park's walking paths, paddle boats, and gardens. Local shops, cafes, and nightlife are also nearby. Additional features include a detached garage offering off-street parking and storage potential. The property has a size of 2918 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2595
    Latitude
    34.07262

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    FAQs

    What type of property is this?
    Apartment building - Rare 5-unit income property with stunning lake and city views.
    Where is this apartment building located?
    The property is located at Laguna Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - Rare Echo Park Lakefront Property: Unparalleled location with stunning views and immediate lake access.; - Strong Income Potential: A 5-unit income property provides a stable investment.; - Unique Units: Features charming detached studio bungalows and a spacious 2-bedroom unit.
    Request Owner's contact information
    Laguna Ave Los Angeles, CA 90026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Laguna Ave Los Angeles, CA 90026
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