834 Laguna Ave - Multi-Family FOR SALE


Los Angeles, CA 90026- Echo Park
$1,350,000 USD
213-785-8414
834 Laguna Ave, Los Angeles, CA for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/37

834 Laguna Ave
Los Angeles, CA 90026
Echo Park


HIGHLIGHTS

  • High Walk Score - Walking distance to Sunset Boulevard
  • Lots of Light and Views of the Hollywood Sign and Lake
  • Stabilized - 100% leased all near top of the market rents
  • Value Add - Opportunity to increase rent in 1 unit.

OVERVIEW

This is not just a multifamily asset; it is a strategic foothold in one of Los Angeles’ most durable rental markets. Located at 834 Laguna Avenue, this rare hillside compound consists of two separate duplexes on a single 4,034 SF lot, delivering four distinct income streams. The asset comprises two (2) 1BD/1BA units and two (2) Studio/1BA units (0BD/1BA), perfectly calibrated for Echo Park’s high-demand demographic of solo creative professionals. The property leverages its topography to offer what tenants value most: privacy and perspective. Elevated above the street, the units feature panoramic views of the Hollywood Hills and Echo Park Lake, creating a "scarcity" factor that commands premium rents. Each unit benefits from dedicated outdoor space—a critical post-2020 amenity that minimizes vacancy risk. With vintage 1925 Spanish-style architecture, hardwood flooring, and modern upgrades, the property balances historic charm with operational efficiency. This is a low-maintenance, high-desirability asset where the physical separation of the duplexes reduces tenant friction and maximizes retention.

FOR SALE DETAILS

PRICE

$1,350,000 USD

# OF UNITS

4

PRICE/UNIT

$337,500

CAP RATE

5.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5404-022-023

ASK ABOUT THIS PROPERTY

Marcus O'BryantSitePlanMore Info
213-785-8414

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Marcus O'BryantSitePlanMore Info
213-785-8414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.