$1,695,000
6 Bed
5 Bath
2,918
0.13 Acre Lot

1016 Laguna Avenue, Los Angeles, California 90026

  • Residential Income Property Type
  • 2,918 Square Footage
  • 1923 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
25565157
$1,695,000
6
5
2,918
1923
0.13 Acre
Active
Features
: None
: Open, Patio, Front Porch
: Carpet, Wood
: Ceiling Fan(s)
$0
Appliances
: Dishwasher, Gas Oven, Microwave, Dryer, Washer, Disposal, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90026
Laguna
1016
Avenue
101 Freeway exit Echo Park Ave/Glendale Blvd, N on Echo Park Ave, N on Laguna Ave
C21 - Silver Lake - Echo Park
LARD2
Additional Information
$0
$0
$0
$0
$0
: None
2918
: Stucco
4.0
: Two
5
2025-07-25
2
Broker/Agent Information
The Collective Realty
Will Tiao
Listing Information
CLW-C108138
CLW-X80543
Active
2025-08-02T12:21:46Z
CRMLS
: Standard
2025-07-25T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069