308 E Edgeware Road

Los Angeles, CA 90026

About this property

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.

About this property

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.

Features and Additional Information

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$795,000 Active
2 Bed(s)
2
Baths
1,058 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Douglas Elliman of California, Inc.
1-310-819-3250
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Area Information

C21 Silver Lake Echo Park | Los Angeles County |

$ 795,000
This listing is play_arrow 20.4% lower than the average in the area
$ 999,000 in the area
1,058 SqFt
This listing is play_arrow 51.6% smaller than the average in the area
2,185 SqFt in the area
$ 751 $/SqFt
This listing is play_arrow 17.1% more than the average in the area
$ 642 $/SqFt in the area
94 days on site
This listing is play_arrow 0.0% below the average in the area
94 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Adam Armienta
Brokerage: Douglas Elliman of California, Inc.

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