308 E Edgeware Road,Los Angeles, CA 90026
Los Angeles, CA 90026
Description
This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.
Details
| MLS # | 26838913 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 95 |
| Listing Provided By | Douglas Elliman of California, Inc. | Adam Armienta |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,058 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | LACW |
| Acreage | 0.10 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
Exterior
| Security Features | Gated Community |
|---|---|
| Lot Features | Rectangular Lot |
Parking
| Parking Features | Driveway, Private, Shared Driveway, Uncovered |
|---|---|
| Garage Yes / No | No |
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $795,000 low | high Med: $999,000 sqft: 1,058 low | high Med: 3,356 $ / sqft: $751 low | high Med: $298 On site: 95 low | high Med: 113 | |
Market Activity 90026
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $795,000 low | high Med: $999,000 sqft: 1,058 low | high Med: 3,356 $ / sqft: $751 low | high Med: $298 On site: 95 low | high Med: 113 | |
