Listing provided courtesy of Douglas Elliman of California, Inc.- MLS# 26838913
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Request Info308 E Edgeware RdLos Angeles, CA 90026
Multi-Family · 2 Beds · 1,058 Sq. ft. | 0.10 Acres$795,000
Active
308 E Edgeware Rd Overview
- Time on Site:
- 35 days
- Visits:
- 0
This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.
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308 E Edgeware Rd Facts & Features
- Type Multi-Family
- Sq. ft. 1,058
- Price/Sq.ft. $751
- Lot 0.10 Acres
Details
General
Income/Expenses
- Gross Income: 21540
- Net Operating Income: 21540.00
Building Information
- Year Built: 1936
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Silver Lake - Echo Park
Tax Information
- Tax Assessed Value: 527948
General Information
- Disclosures: None
- Property Condition: Fixer, Repairs Major, Repair Cosmetic
- Property Type: Residential Income
- Zoning: LACW
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bathrooms Total: 2.00
- Bedrooms Total: 2
General Information
- Common Walls: Detached/No Common Walls
- Cooling: Wall/Window
- Entry Location: Ground Level w/steps
- Heating: None
- Levels: One
- Living Area: 1058
- Living Area Source: Assessor
- Security Features: Gated
- Spa Features: None
- Spa: False
- Stories: 1
Exterior
Parking Information
- Open Parking Spaces: 4
- Parking Total: 4
Lot Information
- Additional Parcels Description: False
- Lot Features: Fenced, Lot Shape-Rectangular
- Lot Size Area: 4179
- Lot Size Source: Assessor
- Number Of Buildings: 2
- Water Source: Public
Building Exterior/Construction
- Architectural Style: Art Deco
General Information
- Covered Spaces: 0
- Number Of Units Total: 2
- Other Structures: None
- Pool Features: None
- Pool Private: False
308 E Edgeware Rd Neighborhood
Community
90026 (Los Angeles) Demographics
35
Median Age
15,700
Population Density (per sq. mile)
47%
College Educated
$67,435
Estimated Median Income
6,392
Estimated Total Home Owners
20,415
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.308 E Edgeware Rd Monthly Cost
308 E Edgeware Rd Market Data
Based on the last 30 days in this zip code
$1,468,395
Average List Price
$874
Average Price per Square Foot
37
Properties Sold
41
Average Days on Market
297
Properties for Sale
308 E Edgeware Rd History
| Date | Value | Agent |
|---|---|---|
| 5/26/2026Source: CRMLS | May 26, 2026 |
|
| 5/26/2026Source: TheMLS (CLAW) | May 26, 2026 |