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$ 1,250,000
Est. payment | /mo
4 Beds
2 Baths
3,095 Sqft Lot
$ 1,250,000
Est. payment | /mo
4 Beds
2 Baths
3,095 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Out Of Area
MLS Listing ID 260022825
Bedrooms 4
Full Baths 2
Year Built 1927
Lot Size 3,095 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to own a classic duplex in the heart of one of Los Angeles' most desirable and high-demand rental markets. Located in the hills of Echo Park, 1535 Parmer Ave features two 2-bedroom, 1-bathroom units, offering an ideal opportunity for an investor or owner-user looking to create long-term value. With one unit currently vacant, a new owner has the flexibility to occupy the property or reposition the unit and capture current market rent, while the occupied unit provides immediate rental income. The property offers approximately 1,349 square feet of living space on a *buyer to verify* ARD2-zoned lot, combining existing income with future upside potential. Situated near the vibrant shops, restaurants, cafés, nightlife, and neighborhood amenities that make Echo Park one of Los Angeles' most sought-after communities, with convenient access to Silver Lake, Downtown Los Angeles, Sunset Boulevard, and major freeways. Whether you're looking to owner-occupy, renovate and increase rents, or add a well-located multifamily asset to your portfolio, this duplex presents a rare opportunity to create value in a strong Los Angeles rental market.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Other/Remarks,Tile/Clay
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5419-014-021
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Listed by Robert Galakhov, DRE#02117605 eXp of Northern California, In
NEARBY SCHOOL & BUSINESS
8322 Clairemont Mesa Blvd Suite 206, Diego, California 92111, United States