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Echo Park Duplex Renovated, Tenant-Occupied, and Investor-Friendly with ADU Upside Potential. Strong investment opportunity in one of Los Angeles' most appealing rental markets. With pro forma cap rate of 6.01% (not including ADU Upside), this renovated Echo Park duplex delivers income in place with month-to-month tenants, low-maintenance ownership from over $350,000 in improvements, and clear upside with a spacious two-car garage suitable for ADU conversion or additional living space. Set on a low-maintenance, natively landscaped hillside lot in Elysian Heights, the property includes two fully detached units, each on month-to-month leases, providing investors with both income and flexibility. Over $350,000 in capital improvements have been completed, including updated electrical, plumbing, and sewer line, renovated kitchens and baths, central HVAC, tankless water heaters, energy-efficient windows and insulation, a new driveway, exterior and interior paint, and full landscaping.The front unit is a classic 1920s Craftsman featuring two bedrooms, one and a half baths, a bonus office, a gas fireplace, an updated kitchen with adjoining laundry, and a private shaded patio. The rear unit is a detached two-story home with two bedrooms plus a large downstairs bonus room or guest suite with its own bath, ideal as a third bedroom or studio. It also includes direct access to a covered patio and a fenced backyard with mature fruit trees. Both units feature their own garage along with additional off-street parking, an attractive amenity for tenants.This property offers a rare combination of immediate cash flow, pride-of-ownership condition, and long-term upside. Perfect for investors seeking stable rental income, a value-add opportunity, a 1031 exchange, or future owner-occupancy with rental income already in place.
Property Type(s):
Residential Income
| Last Updated | 9/24/2025 | Year Built | 1924 |
|---|---|---|---|
| Community | C21 - Silver Lake - Echo Park | Garage Spaces | 2.0 |
| County | Los Angeles |
Price History
| Prior to Aug 14, '25 | $2,200,000 |
|---|---|
| Aug 14, '25 - Sep 24, '25 | $2,100,000 |
| Sep 24, '25 - Today | $1,997,000 |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Gas Cooktop, Gas Oven, Range Hood, Refrigerator, Washer |
|---|---|
| AREA | C21 - Silver Lake - Echo Park |
| CONSTRUCTION | Stucco, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Space Heater |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7505 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped |
| LOT DIMENSIONS | 50x150x50x150 |
| PARKING | Attached, Covered, Driveway, Garage, Garage Door Opener, Guest |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | One, Two |
| STYLE | Craftsman |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Canyon, Hills, Trees/Woods |
Location
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Listed with eXp Realty of California Inc
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