Los Angeles, CA 90026,1016 Laguna Ave
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Los Angeles, CA 90026,1016 Laguna Ave
Los Angeles, CA 90026,1016 Laguna Ave
Los Angeles, CA 90026,1016 Laguna Ave
Los Angeles, CA 90026,1016 Laguna Ave
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Cristian Farias

Cristian Farias

Engel & Völkers

+1(619) 808-6567
$ 1,595,000
Est. payment /mo
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Active

1016 Laguna Ave Los Angeles, CA 90026

6 Beds

5 Baths

2,918 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,918 sqft

Price per Sqft $546

MLS Listing ID 25565157

Style California Bungalow

Bedrooms 6

Year Built 1923

Lot Size 5,502 Sqft

Acres 0.1263

Property Sub-Type Multi-Family

Property Description

MAJOR PRICE IMPROVEMENT! SELLER MOTIVATED! BRING ALL OFFERS! Rare Echo Park Lakefront 5-Unit Income Property with Stunning Views. An exceptional opportunity to own a trophy 5-unit income property in one of Echo Park's most coveted locations Echo Park Lake. Set on an elevated lot, this rare gem offers stunning views of the city skyline, combining timeless character with strong income potential. The well-maintained property features five unique units: two charming detached studio bungalows, a spacious 2-bedroom/1-bath unit, and two additional studio bungalow units in a separate building. Each residence has been thoughtfully updated to retain its original warmth and architectural integrity, offering inviting interiors and a peaceful atmosphere. Tenants enjoy the unbeatable experience ofliving above the lake, with Echo Park's walking paths, paddle boats, and gardens just steps from their front doors. The vibrant energy of local shops, cafes, and nightlife is mere minutes away, yet the property maintains a tranquil, park-side feel. Additional features include a detached garage offering off-street parking and storage potential. Whether you're an investor looking for stable income and long-term appreciation, or an owner-user seeking a legacy asset in anirreplaceable location, this is a truly rare offering in the heart of Echo Park.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Air Conditioning, Wall Unit(s)

Flooring Carpet, Hardwood, Mixed, Wood Laminate

Equipment Ceiling Fan, Dishwasher, Dryer, Washer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator

Laundry In Unit

Exterior

Parking Features Garage Is Detached

Garage Spaces 5.0

Pool None

Waterfront Description Lake, Lake Front

View Y/N Yes

View Lake, Canyon, City

Handicap Access None

Building

Architectural Style California Bungalow

Level or Stories Three Or More

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by The Collective Realty
Cristian Farias

Cristian Farias

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+1(619) 808-6567

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1016 Laguna Ave