5048 E Echo Street, Los Angeles, CA 90042

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
5048 E Echo Street,Los Angeles, CA 90042
$999,000
  • - Beds
  • - Baths
  • 3,648 sq. ft.
  • Multi-family
  • Active
Listed by: sheida rezazadeh
Office: keller williams r. e. services818-432-3200
MLS#:GD26054879
Source:CRMLS

Price summary

  • Price:$999,000
  • Price per sq. ft.:$273.85

About this home

Prime value-add four-unit investment opportunity located in the highly desirable Highland Park neighborhood. Situated at 5048–5050 E Echo Street, this Spanish Revival-style property offers strong rental demand and long-term upside potential in one of Northeast Los Angeles’ most dynamic markets. The property consists of four spacious one-bedroom, one-bathroom units totaling approximately 3,648 square feet, with two units located on each level. Each unit features a comfortable and functional layout with generous living space. The property has undergone recent plumbing upgrades and includes newer windows, providing added value and long-term reliability. Currently generating approximately $3,700 per month in rental income, the property is tenant-occupied with long-term residents. Current rents are below market, presenting a compelling opportunity for future rental growth and repositioning (buyer to verify). Situated on a LARD1.5 zoned lot, the property includes four...

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Home facts

  • Year built:1924
  • Listing ID #:GD26054879
  • Added:57 day(s) ago
  • Updated:May 13, 2026 at 10:45 AM

Rooms and interior

  • Living area:3,648 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Spanish Tile
  • Year built:1924
  • Building area:3,648 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Spanish
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$273.85

Features and amenities

  • Laundry features:Inside
  • Amenities:Carbon Monoxide (CO2) Detector

Parking

  • Total parking spaces:4
  • Parking description:Direct Access, Garage
  • Garage:Yes
  • Garage spaces:4
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