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308 E Edgeware Rd, Los Angeles, CA, 90026

2beds
2baths
1,058sqft
$799,999
$756price/sqft
$5,361/moest. monthly cost
$214,440/yrincome needed

About This Home

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.

Getting Around

84
WalkingVery Walkable
73
TransitExcellent Transit
43
BikeSomewhat Bikeable

Schools

5/10
Sal Castro Middle SchoolGrades 6-80.5 mi

Construction

Condition

  • Property condition: Fixer,Repair Cosmetic,Repairs Major
  • Year built: 1936

Type & Style

  • Home type: MultiFamily
  • Architectural style: Art Deco
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Heating & Cooling

  • Heating features: None
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,058
  • Total interior livable area: 1,058 sqft

Property

Details

  • Parcel number: 5160020038
  • Zoning: LACW
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground Level w/steps
  • Pool features: None
  • Spa features: None
  • Fencing: Fenced

Lot

  • Lot size: 4,177 sqft
  • Features: Rectangular Lot,City Lot

Parking

  • Total spaces: 4
  • Parking features: Driveway,Driveway Gate,Open,Shared Driveway,Private
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4