For Sale Multi-Family MLS# 260022825SD

1535 Parmer Ave

Los Angeles, CA 90026

$1,099,000

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About 1535 Parmer Ave

Rare opportunity to own a classic duplex in the heart of one of Los Angeles’ most desirable and high-demand rental markets. Located in the hills of Echo Park, 1535 Parmer Ave features two 2-bedroom, 1-bathroom units, offering an ideal opportunity for an investor or owner-user looking to create long-term value. With one unit currently vacant, a new owner has the flexibility to occupy the property or reposition the unit and capture current market rent, while the occupied unit provides immediate rental income. The property offers approximately 1,349 square feet of living space on a *buyer to verify* ARD2-zoned lot, combining existing income with future upside potential. Situated near the vibrant shops, restaurants, cafés, nightlife, and neighborhood amenities that make Echo Park one of Los Angeles’ most sought-after communities, with convenient access to Silver Lake, Downtown Los Angeles, Sunset Boulevard, and major freeways. Whether you're looking to owner-occupy, renovate and increase rents, or add a well-located multifamily asset to your portfolio, this duplex presents a rare opportunity to create value in a strong Los Angeles rental market.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1927
Stories
2
Lot
0.0711
Original price
$1,250,000
MLS #
260022825SD

Interior

Cooling
Wall/Window Unit(s)

Exterior & lot

Features
Parking spaces: 0
Construction
2
Lot
LARD2
Fence
Partial

Schools

District
Los Angeles Unified School District

Financial

Parcel
5419014021

Location

Subdivision
Out Of Area
County
Los Angeles
Neighborhood
Echo Park
Community
0.0
Directions
CrossStreet: Echo Park Ave

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Listed by Robert Galakhov, eXp of Northern California, In

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.