Properties
Los Angeles, CA 90026 308 E Edgeware Road
$799,999
16 more
Presented By: Adam Armienta with Douglas Elliman of California, Inc.;
Beds • 2
Baths • 1
SQFT • 1,058
Home Details
This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.
Presented By: Adam Armienta with Douglas Elliman of California, Inc.;
Interior Features for 308 E Edgeware Road
Bedrooms
Total Bedrooms2
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Common WallsNo Common Walls
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
General for 308 E Edgeware Road
Additional Parcels Y/NNo
Buyer FinancingCash, Private
Cap Rate2.69
CityLos Angeles
Community FeaturesGated
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsWest on Temple Street. Left onto E Edgeware Road.
Entry LocationGround Level w/steps
Full Baths
Garage Spaces
Garage Y/NNo
Gross Income21540
HOANo
HeatingNone
LevelsOne
Living Area1058
Lot Size Square Feet4179
Lot Size UnitsSquare Feet
MLS AreaC21 - Silver Lake - Echo Park
Net Operating Income21540
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces4
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NNo
Property ConditionFixer, Repairs Cosmetic, Repairs Major
Property TypeResidential Income
Security FeaturesGated Community
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1936
Year Built SourceAssessor
ZoningLACW
Exterior for 308 E Edgeware Road
Building Area Total1058
Lot FeaturesRectangular Lot
Lot Size Acres0.0959
Lot Size Area4179
Lot Size SourceAssessor
Number of Buildings2
Parking FeaturesDriveway, Private, Shared Driveway, Uncovered
Private PoolNo
SpaNo
Total Parking4
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
