1626 Echo Park Ave

3
Baths
3,163 Sq. Ft.
$387 / Sq. Ft.
3,163
Sq. Ft.
$387
per Sq. Ft.

Description

This well maintained triplex in the middle of Echo Park is listed for the first time in 20 years. The property has a fenced off driveway. One unit is accessible from the street, with the other two units having access from inside the gated driveway. The property is perfect for an everyday investor or an owner/user, with one unit being delivered vacant. The property is only a couple minute drive to Dodger Stadium and within walking distance to restaurants and stores in the area.This well maintained triplex in the middle of Echo Park is listed for the first time in 20 years. The property has a fenced off driveway. One unit is accessible from the street, with the other two units having access from inside the gated driveway. The property is perfect for an everyday investor or an owner/user, with one unit being delivered vacant. The property is only a couple minute drive to Dodger Stadium and within walking distance to restaurants and stores in the area.

Property Details for 1626 Echo Park Avenue

Zoning
LARD1.5
Parcel Number
5420028017
Total Units
3.0
Living Area
3163
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
No
Lot Size Area
5410
LISTING UPDATED: 11/07/2024 02:50 PM

Property Details for 1626 Echo Park Avenue

StatusSold
MLS #24-438277
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.12 AC / 5,410 SF
CountyLos Angeles County

Location

Listing Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan, DRE #01481211

Sold By NorthMarq Realty Services, Inc., Elliot Hassan, DRE #01481211

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Building Information for 1626 Echo Park Avenue

Stories-Residences-Year Built1938Building Size-Lot Size0.12 AC / 5,410 SF

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OriginPoint Mortgage or Rocket Mortgage1

$7,203 per month

30 year fixed, 6.11% Interest

Principal and Interest

$5,945

Property Taxes

$1,258

HOA Dues

$0

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Property Information for 1626 Echo Park Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $98,303
  • Net Operating Income: $73,168.00
  • Gross Income: $101,868
  • Gross Scheduled Income: $101,868
  • Gross Rent Multiplier: $12.76
  • Total Annual Expense: 8378
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1242
  • Lot Size Square Feet: 5410
Parking Details
Parking Details
  • Parking Garage: Driveway Gate
  • Total Parking: 0
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-11-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,830.00
  • Unit Actual Rent: $8,489.00
  • Unit Projected Rent: $10,500.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $193,474.00
  • Assessed Improvement Percent: 24.99
  • Assessed Land Value: $580,789.00
  • Assessed Land Percent: 75.01
  • Assessed Total Value: $774,263.00

Property History for 1626 Echo Park Avenue

DateEvent & SourcePriceAppreciation
Nov 7, 2024

Sold

CLAW #24-438277

$1,225,000
Nov 7, 2024

Sold

SDMLS #24-438277

$1,225,000
Nov 7, 2024

Sold

CRMLS #24438277

$1,225,000
Oct 27, 2024

Sold (Public Record)

Public Record #1544115055

$1,225,000

+3.8% / yr

Oct 25, 2024

Pending

CRMLS #24438277

Oct 25, 2024

Pending

SDMLS #24-438277

Oct 25, 2024

Pending

CLAW #24-438277

Sep 11, 2024

Listed (Active)

SDMLS #24-438277

$1,300,000
Sep 11, 2024

Listed (Active)

CLAW #24-438277

$1,300,000
Sep 11, 2024

Listed (Active)

CRMLS #24438277

$1,300,000
Jun 1, 2004

Sold (Public Record)

Public Record #134966817

$575,000

+41.1% / yr

Jun 1, 2004

Sold

CLAW #04-056726

$575,000
Jun 1, 2004

Sold

CRMLS #04056726

$575,000
Apr 15, 2004

Pending

CLAW #04-056726

Apr 15, 2004

Pending

CRMLS #04056726

Mar 29, 2004

Listed (Active)

CLAW #04-056726

$575,000
Mar 29, 2004

Listed (Active)

CRMLS #04056726

$575,000
Jun 20, 2002

Sold (Public Record)

Public Record #94241393

$294,000
Jun 20, 2002

Sold

CLAW #02-010899

$294,000
Jun 20, 2002

Sold

CRMLS #02010899

$294,000
Apr 25, 2002

Pending

CLAW #02-010899

Apr 25, 2002

Pending

CRMLS #02010899

Feb 23, 2002

Listed (Active)

CLAW #02-010899

$299,000
Feb 23, 2002

Listed (Active)

CRMLS #02010899

$299,000
Sep 18, 1998

Expired

CLAW #808354

$207,000
Mar 18, 1998

Listed (Active)

CLAW #808354

$249,500
DateEvent & SourcePrice
11/07/2024

Sold

CLAW #24-438277

$1,225,000
11/07/2024

Sold

SDMLS #24-438277

$1,225,000
11/07/2024

Sold

CRMLS #24438277

$1,225,000
10/27/2024

Sold (Public Record)

Public Record #1544115055

$1,225,000

+3.8% / yr

10/25/2024

Pending

CRMLS #24438277

10/25/2024

Pending

SDMLS #24-438277

10/25/2024

Pending

CLAW #24-438277

09/11/2024

Listed (Active)

SDMLS #24-438277

$1,300,000
09/11/2024

Listed (Active)

CLAW #24-438277

$1,300,000
09/11/2024

Listed (Active)

CRMLS #24438277

$1,300,000
06/01/2004

Sold (Public Record)

Public Record #134966817

$575,000

+41.1% / yr

06/01/2004

Sold

CLAW #04-056726

$575,000
06/01/2004

Sold

CRMLS #04056726

$575,000
04/15/2004

Pending

CLAW #04-056726

04/15/2004

Pending

CRMLS #04056726

03/29/2004

Listed (Active)

CLAW #04-056726

$575,000
03/29/2004

Listed (Active)

CRMLS #04056726

$575,000
06/20/2002

Sold (Public Record)

Public Record #94241393

$294,000
06/20/2002

Sold

CLAW #02-010899

$294,000
06/20/2002

Sold

CRMLS #02010899

$294,000
04/25/2002

Pending

CLAW #02-010899

04/25/2002

Pending

CRMLS #02010899

02/23/2002

Listed (Active)

CLAW #02-010899

$299,000
02/23/2002

Listed (Active)

CRMLS #02010899

$299,000
09/18/1998

Expired

CLAW #808354

$207,000
03/18/1998

Listed (Active)

CLAW #808354

$249,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1626 Echo Park Avenue

Taxable ValueLand$700,000Additions$525,000Total$1,225,000
Tax Record2025$15,092 ($1,258 / month)
Home Facts
Total Finished SqFt3,163 SqFtAbove Grade Finished SqFt3,163 SqFtLot Size5,408 SqFtStyleTriplexYear Built1938ZoningLARD1.5CountyLOS ANGELESAPN5420-028-017

Schools near 1626 Echo Park Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Elysian Heights ES Arts Magnet
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Gabriella Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan, DRE #01481211

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.