Description

734-740 Echo Park Avenue presents a rare opportunity to acquire a 14-unit multi-family asset in the heart of Echo Park, offered at $975,000. Situated on two contiguous parcels (APNs 5404-022-008 & 5404-022-009), this property commands an attractive basis of $53.09 per square foot, delivering a compelling entry point for investors seeking upside in one of Los Angeles’s most dynamic neighborhoods.

Echo Park Avenue benefits from immediate access to the vibrant Echo Park Lake, Sunset Boulevard’s eclectic retail corridor and the burgeoning arts and entertainment district of nearby Downtown LA. Excellent transit connectivity via the Metro B Line and multiple bus routes, combined with strong walk-score amenities—cafés, restaurants, parks and boutique shopping—ensure sustained tenant demand and rental growth.

This offering is ideally suited for a value-add investor or owner-user aiming to enhance income through targeted renovations and lease-up strategies. With 14 units under one ownership structure, the property delivers operating efficiencies and the potential to capitalize on market rents that continue to outpace historic averages. Don’t miss this chance to secure a well-located, institutional-quality asset in Echo Park.