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5048 E Echo StreetLos Angeles, CA 90042

For Sale

$999,000

Smart Buyer Rebate $9,990

Prime Highland Park four-unit investment opportunity offering strong rental demand and value-add potential. Located at 5048–5050 E Echo Street, this Spanish Revival-style property consists of four spacious one-bedroom, one-bathroom units totaling approximately 3,648 square feet, with two units located on each level.
Each unit features a comfortable and functional layout with generous living space. The property has undergone recent plumbing upgrades and includes newer windows, providing added value and long-term reliability for investors.
Situated on a LARD1.5 zoned lot, the property includes four detached garages located at the rear of the building, offering potential for ADU or Jr. ADU conversion to increase future income potential (buyer to verify with the City of Los Angeles). This configuration presents an attractive value-add opportunity for investors or developers seeking to enhance rental income over time.
The property is ideally located near local parks, the Metro A Line, and Highland Park’s popular restaurants, cafés, shops, and nightlife. It also offers convenient access to Downtown Los Angeles, South Pasadena, and Pasadena, as well as major freeways including the 110, 5, and 134, making commuting throughout Los Angeles convenient.
With its desirable location, strong rental demand, and future income potential, this property presents an excellent opportunity to acquire a multi-unit asset in one of Northeast Los Angeles’ most dynamic rental markets.

Listed by Sheida Rezazadeh

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License #01925670

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Keller Williams R. E. Services

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SheidaR@kw.com

Last updated March 16, 2026

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Source: CRMLS #GD26054879

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighland Park
  • Days on Prevu1

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/16/2026
Listed by Keller Williams R. E. Services
$999,000

Property Details for 5048 E Echo Street

Association

Amenities

  • Community Features: Biking, Park, Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Roof: Spanish Tile
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1924
  • Architectural Style: Spanish
  • Common Walls: 2+ Common Walls
  • Entry Level: 3
  • Entry Location: Front Door

Features

  • Fencing: Barbed Wire

Measurements

  • Building Area Total: 3,648
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,644
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,644
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.64
  • Gross Income: $44,556.00
  • Operating Expense: $8,200.00

Taxes

  • Parcel Number: 5468008002

Other

Features

  • Accessibility Features: Safe Emergency Egress From Home

Location

  • Tax Lot: 2

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 4

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5048 E Echo Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 5048 E Echo Street.

How does 5048 E Echo Street compare to other multi-family homes in Highland Park?

This multi-family home is listed 47% below the average price for multi-family homes in Highland Park and has been on the market for 76 less days than the typical home in this area.

5048 E Echo Street is a -bedroom multi-family home for sale in Los Angeles CA 90042. On Prevu for 1 days at $999,000. This property is located in Highland Park. The median listing price for multi-family homes in this area is $1,275,000. Property amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.