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Millman Team Real Estate

$18,000,000
40 Bed
40 Bath
37,830 Sqft
0.19 Acre Lot

1915 Park Avenue, Los Angeles, California 90026

  • Residential Income Property Type
  • 37,830 Sqft Square Footage
  • None Cars Garage
  • 2025 Year Built
Property Description

We are pleased to present 1915 Park Avenue, a 36-unit newly constructed multifamily investment opportunity completed in 2025 and located in the heart of Echo Park, one of Los Angeles’ most dynamic and sought after urban neighborhoods. The property features a well-balanced unit mix of 16 studios (avg. 421 SF), 16 one-bedroom/one-bath units (avg. 691 SF), and 4 two-bedroom/two-bath units (avg. 1, 069 SF) across six residential floors, totaling approximately 37, 830 gross square feet. Units are offered in stacked layouts with multiple floor plan configurations, providing tenants a variety of living options. Interior finishes include quartz countertops, modern appliances, laminate flooring, keycard entry, in-unit doorbell systems, and ventless washer/dryers. The building’s amenity package is designed for the modern renter, highlighted by a rooftop lounge with BBQs, a garden-inspired setting, and panoramic views of Echo Park Lake and Downtown Los Angeles. Parking includes 18 on-site spaces, with an additional 12 spaces provided through a lease agreement with the neighboring property. The parking area is equipped with EV charging stations and secure bike storage lockers. RUBS are in place through individual unit submeters, and the property utilizes a Butterfly MX smart intercom system for keyless, app-based tenant access. Tenant storage is currently offered at no charge, presenting potential ancillary income for a new owner. Echo Park remains one of Los Angeles’ most walkable and rapidly evolving neighborhoods, attracting a strong mix of young professionals, creatives, and families. The property benefits from close proximity to Downtown LA, Silver Lake, Los Feliz, and Chinatown, with direct access to the 5, 2, 110, and 101freeways. The neighborhood’s vibrant dining, nightlife, and outdoor amenities surrounding Echo Park Lake continue to support strong renter demand and long-term rent growth. 1915 Park Avenue represents a rare opportunity to acquire a turnkey asset in one of Los Angeles’ most supply-constrained urban submarkets, supported by in-place income and a highly desirable location that continues to attract one of the city’s strongest renter demographics.

Basic Details
Residential Income
For Sale
26873437
$18,000,000
40
40
37,830 Sqft
2025
0.19 Acre
Active
Features
: None
: None
: None
$0
Address Map
CA
Los Angeles
Los Angeles
90026
Park
1915
Avenue
W119° 45' 3.9''
N34° 5' 8.1''
Corner of Park Avenue and Glendale Blvd.
C21 - Silver Lake - Echo Park
LARD3
Additional Information
$0
$0
$0
$0
$0
37830
: Three Or More
36
2026-08-17
6
Broker/Agent Information
Marcus & Millichap
Neema Ahadian
Listing Information
CLW-C104547
CLW-X7515101
Active
2026-08-25T07:14:54Z
CRMLS
: Standard
2026-08-17T00:00:00Z
Agent info
Ray Millman
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