For Sale Multi-Family MLS# 26872809

1851 Lobdell Place

Los Angeles, CA 90026

$3,195,000

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About 1851 Lobdell Place

Tucked behind gates in the hills of prime Echo Park, this exceptional three-unit property offers the feeling of a private residential compound while preserving distinct, separate spaces for each residence. With the front duplex built in 1989 and the detached rear residence recently converted and legalized as an ADU, the entire property is not subject to the City of Los Angeles Rent Stabilization Ordinance. Delivered completely vacant, the offering provides exceptional flexibility for an owner, investor or multigenerational household. A bougainvillea-framed pergola welcomes you to a private outdoor dining area surrounded by mature landscaping and lush potted greenery. The front duplex features two spacious residences with open floor plans, updated kitchens and bathrooms, high-end appliances and in-unit laundry. The lower residence opens to a thoughtfully designed patio with Thermory wood decking, built-in seating, an integrated storage shed and raised vegetable garden. Privately positioned at the rear is the architectural ADU, where polished concrete floors, walls of glass and expansive accordion doors create a seamless indoor-outdoor experience. The main level includes a steam shower and opens to a beautifully landscaped patio with a built-in spa. Upstairs, the loft-style bedroom suite features a soaking tub and private balcony with hillside and downtown skyline views. Automatic gated parking accommodates up to five cars. Expertly improved and meticulously maintained, this turnkey property offers endless possibilities to create a multigenerational compound, occupy one residence while leasing the others, establish a strong long-term rental portfolio or explore furnished rental opportunities. Distinctive, versatile and truly one of a kind, this is an extraordinary Echo Park offering.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1989
Living area
3,774 sqft
Price / sqft
$847
Lot
0.1455
Original price
$3,195,000
MLS #
26872809

Interior

Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Heating
Central
Cooling
Central Air

Exterior & lot

Features
Parking spaces: 4
Lot
LARD3
Parking
Driveway, Garage, Gated, Tandem

Schools

District
Los Angeles Unified School District

Financial

Parcel
5420002005
Special conditions
Standard

Location

Area
C21 - Silver Lake - Echo Park
County
Los Angeles
Neighborhood
Echo Park
Directions
Google Maps

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Listed by Colt Maloney, Figure 8 Realty

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.