Rare Echo Park Lakefront 5-Unit Income Property with Stunning ViewsAn 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.
Property Details
Price:
$1,695,000
MLS #:
25565157
Status:
Active
Baths:
0
Address:
1016 Laguna Avenue
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Jul 25, 2025
State:
CA
ZIP:
90026
Lot Size:
5,502 sqft / 0.13 acres (approx)
Year Built:
1923
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Schools
Interior
Accessibility Features
None
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Gas Oven
Flooring
Carpet, Wood
Interior Features
Ceiling Fan(s)
Exterior
Garage Spaces
4.00
Parking Spots
5.00
Pool Features
None
Spa Features
None
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1016 Laguna Avenue Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
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1016 Laguna Avenue
Los Angeles, CA
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