Home | Los Angeles County | Los Angeles | 90042 | 5048 E Echo St
MLS: CRGD26054879 | Status: Active | Price: $999,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 4,644 | 1924 |
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 detached garages at the rear, offering potential for ADU or Jr. ADU conversion to further increase income potential (buyer to verify with the City of Los Angeles). Ideally located near York Boulevard and Figueroa Street, the property is close to Highland Park’s popular restaurants, cafés, shops, nightlife, loc
| Field | Value |
|---|---|
| MLS # | CRGD26054879 |
| MLS Source | California Regional MLS |
| Days on Site | 38 |
| Feature | Details |
|---|---|
| Kitchen | None |
| Appliances | Other |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Tile |
| Pool | None |
| Style | Spanish |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| HOA Fee | $0 |
Sheida Rezazadeh
Keller Williams R. E. Services
License #: 01925670
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2677 Roseview Ave | $1,099,000 | – | – | – | Active |
| 3716 Flora Ave | $799,999 | – | – | – | Active |
| 6035 Mesa | $999,000 | – | – | – | Active |
| 4920 Stratford | $899,000 | – | – | – | PendingDoNotShow |
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This listing information is up-to-date as of April 22, 2026. For the most current information, please contact Sheida Rezazadeh.