715 Douglas Street
Los Angeles, CA, 90026
$2,600,000
Beds
0 Baths
SqFt
0.16 Acres
Add
715 Douglas St is an artfully restored historical triplex in the heart of Echo Park, one of Los Angeles’ most vibrant and sought-after neighborhoods. The property currently offers a return of 5.67%, with the existing A+ tenants paying $7,196, $5,400, and $3,502 in rent. Additionally, the property is being delivered with SHOVEL READY plans for a freestanding 2-bedroom, 2-bathroom ADU and RTI plans for a second 2-bedroom, 2.5-bathroom freestanding ADU. We project over $1 million in added value with the construction of these units.
Located on Douglas Street, widely regarded as one of the most charming streets in the area, this property is just a short distance from Echo Park Lake, the iconic Baxter Street Stairs, and neighborhood favorites like Lowboy, The Echo, and Bar Flores.
Fully remodeled from top to bottom, 715 Douglas features brand-new systems, high-end custom finishes, and thoughtfully designed interiors, blending modern amenities with timeless character. The unit mix includes two 4-bedroom, 3-bath units and one 2-bedroom, 2-bath unit, all boasting in-unit washer/dryers, landscaped patio areas, and bespoke finishes that make each space truly unique. To sweeten the deal, the triplex comes fully furnished, offering a turnkey opportunity for investors or owner-users.
Buyers who build the ADUs could achieve close to a 7.5% cap rate, ensuring strong returns in one of LA’s hottest markets. From its prime location on a historic street and meticulous renovation to its incredible upside potential, 715 Douglas St is a rare find in Echo Park. Don’t miss this chance to own an artfully restored gem with modern amenities and exceptional long-term value in one of Los Angeles’ trendiest neighborhoods!

Property Details

Price:
$2,600,000
MLS #:
BB25097040
Status:
Active
Baths:
0
Address:
715 Douglas Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
May 1, 2025
State:
CA
ZIP:
90026
Lot Size:
6,822 sqft / 0.16 acres (approx)
Year Built:
1924
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Refrigerator
Cooling
Central Air
Fireplace Features
Dining Room
Heating
Central

Exterior

Community Features
Sidewalks, Street Lights
Electric
Standard
Exterior Features
Lighting
Garage Spaces
0.00
Lot Features
Landscaped
Parking Features
Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
City Lights, Neighborhood
Water Source
Public

Financial

Taxes
$31,192
Tenant Pays
Electricity, Gas

Map

Community

Similar Listings Nearby

715 Douglas Street
Los Angeles, CA