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Millman Team Real Estate

$1,800,000
0.33 Acre Lot

1550 El Paso Drive, Los Angeles, California 90065

  • Residential Income Property Type
  • Garage Cars Garage
  • 1959 Year Built
Property Description

Tremendous development opportunity offering current income-producing units. Ideal location in the heart of Northeast Los Angles at the junction of Glassell Park, Eagle Rock, and Highland Park, 1550 El Paso Drive presents a compelling mixed-use asset ideal for the savvy investor. On a large 14, 000sqft plus lot, the property features 10 Units with a Mix of (4) 1BD/1BA; (6) 2BD/1BA; on a mixed-use-zoned lot with strong street visibility along one of Northeast Los Angeles’ most prominent commercial corridors, surrounded by some of the city’s hottest new shopping, dining, and neighborhood destinations.Located just minutes from neighborhood anchors such as Occidental College, the property sits within the vibrant Northeast Los Angeles submarket encompassing Eagle Rock, Highland Park, and Glassell Park. Together, these communities represent a combined population of over 110, 000 residents with rising median household incomes, a highly educated workforce, and a strong concentration of young professionals, creatives, and long-term homeowners. The area is known for its thriving retail and dining scenes along Colorado Boulevard, York Boulevard, and Figueroa Street, as well as its proximity to major employment centers in Downtown Los Angeles, Pasadena, and Glendale.With strong neighborhood demographics, walkable lifestyle amenities, and continued growth across Northeast LA, 1550 El Paso Drive offers a rare opportunity to acquire a well-located mixed-use property with stable in-place income and long-term upside in one of Los Angeles’ most sought-after urban neighborhoods.

Basic Details
Residential Income
For Sale
P1-26260
$1,800,000
None
1959
0.33 Acre
Active
Mixed Use
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Masonry
: None
: Garage, Door-Multi, One Space, On Site
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
Not Applicable
90065
El Paso
1550
Drive
W119° 46' 35.2''
N34° 7' 18.4''
East of Eagle Rock Blvd
623 - Glassel Park
Additional Information
$0
$0
$0
$0
$0
7511
: Sidewalks, Street Lights, Curbs, Gutter(s), Storm Drain(s)
3.0
: Two
: Sprinklers None
10
2026-03-14
2060000
2
2
: Public
Broker/Agent Information
BHHS California Properties
Yennis Wong
Listing Information
Armen Sarkissian
P779
PF5333
BHHS California Properties
P13453
PF5333
Cash, Cash to New Loan, Conventional
Active
2026-07-24T23:26:48Z
CRMLS
: Trust
2026-03-12T17:00:00Z
Agent info
Ray Millman
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