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5938 E Echo St, Los Angeles, CA 90042
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5938 E Echo St Los Angeles, CA 90042

$1,350,000
  • 48 Beds
  • 24 Baths
  • 2,180 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 5938 E Echo St, Los Angeles, CA 90042

Property Overview: 5938 E Echo St Los Angeles, CA has 48 bedrooms, 24 bathrooms, 2,180 living square feet and 5,798 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Sitting in the heart of Highland Park, in a Historic Preservation Overlay Zone (HPOZ) a stunning 2-story bungalow styled home and detached nest is up for sale ! This delightful front home boasts 6 bedrooms and 2 bathrooms, newly renovated! three downstairs and three on the top floor - with a bathroom on each. A specially blended living and dining room opens up into the kitchen with its own small breakfast nook. This unit sits in a peaceful tree-lined street, next to Figueroa's most well-known eateries and shops, and close to the Metro Gold Line. Behind this house sits a back unit, entirely detached, and is tenant occupied. . which features a one bedroom-one bathroom flat above with deck, and a spacious studio below with its own half-bath. All this on an LARD2-zoned lot! You can check off that box for a new project in the new year this one is totally worth it! solar purchase payment $520. new buyer must carry it.

Listed by Dae Young Hur | BRE #01489175 | Keller Williams Larchmont
Co-listed by Jong Seong Lim | BRE #02153225 | Keller Williams Larchmont
Last checked: 2 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 350
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Home details

Lot Sq. Ft
5,798
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23271613
City
Los Angeles
County
Los Angeles
Time on Site
331 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 11
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Furnished
  • Actual Rent: $6,000
  • Total Rent: $6,000
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.1%
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: --
  • Net Operating Income: $82,800
  • Gross Operating Income: $88,800
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5938 E Echo St

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Inside
Room Information
  • Art Studio
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Gas Cooktop
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Driveway - Combination
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5492016007
  • Year Built Source: Other
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Echo St. & S Ave 52
View more facts & features

Local Los Angeles Agent

Sale History for 5938 E Echo St

Last leased for $6,000 on September 16th, 2022

  • February, 2024

  • Feb 22, 2024

    Date

    Active

    CRMLS: 24361123

    $6,000

    Price

  • Listing provided courtesy of CRMLS

    furnished a stunning 2-story bungalow styled home ! ready to move in !!! This delightful front home boasts 6 bedrooms and 2 bathrooms, newly renovated! three downstairs and three on the top floor - with a bathroom on each. A specially blended living and dining room opens up into the kitchen with its own small breakfast nook. This unit sits in a peaceful tree-lined street, next to Figueroa's most well-known eateries and shops, and close to the Metro Gold Line. Behind this house sits a back unit, entirely detached, and is tenant occupied. . which features a one bedroom-one bathroom flat above with deck, and a spacious studio below with its own half-bath. All this on an LARD2-zoned lot! You can check off that box for a new project in the new year this one is totally worth it!

  • May, 2023

  • May 17, 2023

    Date

    Active

    CRMLS: 23271613

    $1,350,000

    Price

  • September, 2022

  • Sep 16, 2022

    Date

    Leased

    CRMLS: 22186149

    $6,000

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: 22186149

    $6,000

    Price

  • Listing provided courtesy of CRMLS

    Sitting in the heart of Highland Park, in a Historic Preservation Overlay Zone (HPOZ) a stunning 2-story bungalow styled home is up for rent! This delightful home boasts 5 bedrooms and 2 bathrooms, newly renovated, and comes with the option to move-in with the home fully furnished! A specially blended living and dining room opens up into the kitchen with its own small breakfast nook. This unit sits in a peaceful tree-lined street, next to Figueroa's most well-known eateries and shops, and close to the Metro Gold Line. Behind this house sits a back unit, entirely detached, and is tenant occupied.

  • March, 2022

  • Mar 21, 2022

    Date

    Sold

    CRMLS: 22116481

    $1,250,000

    Price

  • Jan 13, 2022

    Date

    Active

    CRMLS: 22116481

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    It's a brand spanking new year, with hope held high as a fresh start begins. New projects, and dreams, to become actualized. Welcome to the utterly charming, blank canvas of 5938 Echo Street! Situated on a quiet tree-lined street in the heart of Highland Park, in a Historic Preservation Overlay Zone (HPOZ), a delightful two-story Bungalow, with its own income unit located down the long driveway, above the studio space. The front house, ready for you to complete with your own personal touches, boasts six total bedrooms - three downstairs and three on the top floor - with a bathroom on each level. A spacious blended living and dining room opens up onto the kitchen with its own small breakfast nook. Behind this main house sits an entirely detached structure which features a one bedroom-one bathroom flat above with deck, and a spacious studio below with its own half-bath. Just moments away from Figueroa's most well-known eateries and shops, and close to the Metro Gold Line. All this on an LARD2-zoned lot! You can check off that box for a new project in the new year this one is totally worth it! Front house is vacant. Back unit is tenant-occupied. Back unit shown with accepted offer.

  • November, 2007

  • Nov 21, 2007

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

Show More

Tax History for 5938 E Echo St

Assessed Value (2020): $612,521
Year Land Value Improved Value Assessed Value
2020 $490,022 $122,499 $612,521

Home Value Compared to the Market

This property vs the competition

5938 E Echo St is listed 9.22% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $619.27 per/sqft which puts the price per square foot 19.89% lower than the median price per square foot for the city of Los Angeles.

About 5938 E Echo St

Detailed summary of property

5938 E Echo St is a multi family located in Los Angeles, CA 90042 and is currently for sale. This multi family property offers 48 bedrooms, 24 bathrooms, roughly 2,180 living square feet, and sits on an approximately 5,798 square foot lot. 5938 E Echo St was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner is currently asking $1,350,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 9.22% higher than the median priced home. Local competing homes currently for sale include 1461 Hepner Ave, 1461 Hepner Ave and 3900 Berenice Pl. While the average home in Los Angeles, CA is selling in 96 days, 5938 E Echo St has a days on market of 350 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5938 E Echo St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5938 E Echo St

Public county record property details
Beds
5
Baths
3
Year built
1907
Sq. Ft.
2,180
Lot Size
5,797
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5492-016-007

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$721
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
90
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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