Back to Search

Seven-Unit Apartment Building in Echo Park

Lilac Place, Los Angeles, CA 90026

View on Map

For Sale

$970,000

Seven units in desirable Echo Park, Los Angeles.

Type:Commercial

Property size:

4,604 SF

Lot size:

0.13 Acres

Price / SF:

$210/SF

HighLights

Prime location north of Sunset Boulevard in the desirable Echo Park submarket.
Significant value‑add potential with permits ready to issue (RTI) for an Additional Dwelling Unit (ADU).
Attractive basis for investors.
Seven‑unit apartment building comprising five studios and two one‑bedroom units.
Located in a highly desirable neighborhood known for open space and urban walkability.
Opportunity to purchase as part of a two‑building portfolio with adjacent five‑unit building.

We can help!

Listing Contact

SEAN ROSENZWEIG

Learn more

For Sale

$970,000

Seven units in desirable Echo Park, Los Angeles.

Type:Commercial

Property size:

4,604 SF

Lot size:

0.13 Acres

Price / SF:

$210/SF

Added:: Aug 23, 2025
Days on Market:: 292
Last Refresh:: Apr 5 at 8:34 pm

Property Features for Lilac Place

General Information

Standard status: Active
Size: 4,604 SF
Lot size: 0.13 Acres
Property subtype: Commercial

Building Details

Year Built: 1921

We can help!

Listing Contact

SEAN ROSENZWEIG

Listing agent SEAN ROSENZWEIG

Listing office MARCUS & MILLICHAP

Listing date Aug 23, 2025

Source Corcoran

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

HighLights

Prime location north of Sunset Boulevard in the desirable Echo Park submarket.
Significant value‑add potential with permits ready to issue (RTI) for an Additional Dwelling Unit (ADU).
Attractive basis for investors.
Seven‑unit apartment building comprising five studios and two one‑bedroom units.
Located in a highly desirable neighborhood known for open space and urban walkability.
Opportunity to purchase as part of a two‑building portfolio with adjacent five‑unit building.

Overview

This seven-unit apartment building is located north of Sunset Boulevard in the Echo Park submarket of Los Angeles. Situated on a 5,548 square foot parcel, the property consists of five studios and two one-bedroom units. The property is located in a desirable neighborhood that combines open space with urban walkability. New ownership can add an Additional Dwelling Unit (ADU) in order to maximize income and appreciation potential. Permits are "RTI" Status. The property offers value-add potential and an attractive basis for investors. The property is being sold as part of a two-building portfolio, including a five unit directly adjacent, which is available individually or any combination as a portfolio purchase. The building has a total size of 4,604 square feet.

Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.249
Latitude: 34.072

Nearby Similar for Sale

$2,600,000

10,944 SF

Los Angeles Commercial Investment Opportunity

Prime investment property in the heart of the Fashion District.

1212 S San Pedro Street, Los Angeles, CA 90015

View Details
$1,199,999

2,526 SF

Los Angeles Retail Opportunity

Single-tenant retail asset with high visibility and growth potential.

4254 Floral, Los Angeles, CA 90063

View Details
$3,990,000

8,688 SF

Prime Automotive Land in Los Angeles

Six parcels with buildings in established automotive corridor.

125 E Florence Ave, Los Angeles, CA 90003

View Details
$950,000

3,040 SF

Los Angeles Industrial Owner-User Opportunity

Rare industrial building in central Los Angeles, ideal for owner-users.

1915 S Santa Fe, Los Angeles, CA 90021

View Details
$1,175,000

1,617 SF

Eagle Rock Commercial/Residential Opportunity

Commercially zoned property in Eagle Rock, ideal for live/work.

1063 Colorado, Los Angeles, CA 90041

View Details
$2,099,000

10,233 SF

Multifamily Property in Boyle Heights

12-unit multifamily property in prime Boyle Heights, Los Angeles.

117 N St Louis, Los Angeles, CA 90033

View Details
$1,999,000

12,306 SF

Los Angeles Multifamily Investment Opportunity

Classic 11-unit Spanish Colonial near Downtown Los Angeles.

2375 W 12th St, Los Angeles, CA 90006

View Details
$2,295,000

10,492 SF

Highland Park Multifamily Value-Add Opportunity

14-unit apartment building in a sought-after Los Angeles location.

820 Chestnut Ave, Los Angeles, CA 90042

View Details
$895,000

3,372 SF

Four-Unit Residential Income Property

Four-unit building with ample rear parking, including three 1-bedroom units and a 3-bedroom delivered vacant at close.

1467 W Vernon, Los Angeles, CA 90062

View Details
$1,556,000

3,999 SF

Adjacent 11-Unit Residential Income Properties

Two adjacent multifamily buildings with 11 units on an LAR4-zoned lot, offering income and development flexibility.

964 S New Hampshire Ave, Los Angeles, CA 90006

View Details
$2,334,000

3,786 SF

Apartment Income Property with Covered Parking

Two adjacent apartment buildings with 11 total units, covered parking, and LAR4 zoning sold concurrently.

968 S New Hampshire Ave, Los Angeles, CA 90006

View Details
$2,900,000

7,300 SF

Modern Multifamily Community in Los Angeles

Newly constructed five-unit multifamily property in Pico-Union, Los Angeles.

1724 Menlo Avenue, Los Angeles, CA 90006

View Details

What type of property is this?

Apartment building - Seven units in desirable Echo Park, Los Angeles.

Where is this apartment building located?

The property is located at Lilac Place Los Angeles, CA.

What is the asking price?

The asking price for this property is $970,000.

What are key features of this property?

This property features: Prime location north of Sunset Boulevard in the desirable Echo Park submarket.; Significant value‑add potential with permits ready to issue (RTI) for an Additional Dwelling Unit (ADU).; Attractive basis for investors.