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$ 1,695,000
Est. payment /mo
New
1016 Laguna AVE Los Angeles, CA 90026
6 Beds
5 Baths
2,918 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,918 sqft
Price per Sqft $580
MLS Listing ID 25565157
Bedrooms 6
HOA Y/N No
Year Built 1923
Lot Size 5,501 Sqft
Property Description
Rare Echo Park Lakefront 5-Unit Income Property with Stunning ViewsAn exceptional opportunity to own a trophy 5-unit income property in one of Echo Park's most coveted locations Echo Park Lake. Set on an elevated lot, this rare gem offers stunning views of the city skyline, combining timeless character with strong income potential.The well-maintained property features five unique units: two charming detached studio bungalows, a spacious 2-bedroom/1-bath unit, and two additional studio bungalow units in a separate building. Each residence has been thoughtfully updated to retain its original warmth and architectural integrity, offering inviting interiors and a peaceful atmosphere.Tenants enjoy the unbeatable experience ofliving above the lake, with Echo Park's walking paths, paddle boats, and gardens just steps from their front doors. The vibrant energy of local shops, cafes, and nightlife is mere minutes away, yet the property maintains a tranquil, park-side feel. Additional features include a detached garage offering off-street parking and storage potential. Whether you're an investor looking for stable income and long-term appreciation, or an owner-user seeking a legacy asset in anirreplaceable location, this is a truly rare offering in the heart of Echo Park.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Interior Features Ceiling Fan(s)
Flooring Carpet, Wood
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Accessibility None
Porch Front Porch, Open, Patio
Total Parking Spaces 5
Private Pool No
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5404021009
Special Listing Condition Standard
Listed by Will Tiao The Collective Realty