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.
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.