Los Angeles, CA 90026,715 Douglas Street
Los Angeles, CA 90026,715 Douglas Street
Los Angeles, CA 90026,715 Douglas Street
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$2,600,000
Est. payment /mo
10 Beds
3,325 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,325 sqft

Price per Sqft $781

MLS Listing ID CRBB25097040

Bedrooms 10

HOA Y/N No

Year Built 1924

Lot Size 6,822 Sqft

Acres 0.16

Property Sub-Type Triplex

Property Description

715 Douglas St is an artfully restored historical triplex in the heart of Echo Park, one of Los Angeles’ most vibrant and sought-after neighborhoods. The property currently offers a return of 5.67%, with the existing A+ tenants paying $7,196, $5,400, and $3,502 in rent. Additionally, the property is being delivered with SHOVEL READY plans for a freestanding 2-bedroom, 2-bathroom ADU and RTI plans for a second 2-bedroom, 2.5-bathroom freestanding ADU. We project over $1 million in added value with the construction of these units. Located on Douglas Street, widely regarded as one of the most charming streets in the area, this property is just a short distance from Echo Park Lake, the iconic Baxter Street Stairs, and neighborhood favorites like Lowboy, The Echo, and Bar Flores. Fully remodeled from top to bottom, 715 Douglas features brand-new systems, high-end custom finishes, and thoughtfully designed interiors, blending modern amenities with timeless character. The unit mix includes two 4-bedroom, 3-bath units and one 2-bedroom, 2-bath unit, all boasting in-unit washer/dryers, landscaped patio areas, and bespoke finishes that make each space truly unique. To sweeten the deal, the triplex comes fully furnished, offering a turnkey opportunity for investors or owner-users. Buyers

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Dryer, Washer, Other

Exterior

Exterior Feature Other

View Y/N true

View City Lights, Other

Building

Lot Description Landscape Misc

New Construction No

Others

Tax ID 5405013002


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Bridge MLS
Listed by Cheyenne Womack • Myunits.com Inc.

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715 Douglas Street