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$ 1,049,000
Est. payment /mo
Price Dropped by $50K
1535 Parmer Ave Los Angeles, CA 90026
3,097 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Out Of Area
MLS Listing ID 260022825SD
HOA Y/N No
Year Built 1927
Lot Size 3,097 Sqft
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 Unit(s)
Fireplace No
Exterior
Fence Partial
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5419014021
Virtual Tour https://www.propertypanorama.com/instaview/snd/260022825
Listed by Robert Galakhov eXp of Northern California, In #02117605