715 Douglas Street, Los Angeles, CA 90026 - Berkshire Hathaway HomeServices California Properties

715 Douglas Street, Los Angeles, CA 90026

$2,575,000 Approx. USD 0 beds, 0 baths

Listing Agent


Cheyenne Womack | cheyenne@myunits.com
Lic#: 02064825
Broker: Courtesy of Myunits.com Inc.

Co Listing Agent


Lauren Cearley | listings@twotofour.com
Lic#: 02146823
Broker: Courtesy of Myunits.com Inc.

Agent Remarks

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 5.74%, 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 who build the ADUs could achieve close to a 7.5% cap rate, ensuring strong returns in one of LA’s hottest markets. From its prime location on a historic street and meticulous renovation to its incredible upside potential, 715 Douglas St is a rare find in Echo Park. Don’t miss this chance to own an artfully restored gem with modern amenities and exceptional long-term value in one of Los Angeles’ trendiest neighborhoods!

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# BB25097040
List price is $2,575,000 Reduced by $25,000 on 6/25/2025
Price: $2,575,000
Beds: 0
Baths: 0
Dining Room fireplaces
Built in 1924
2 stories
0.16 acres
Lot size: 0.1566
County: Los Angeles
Zoning: LAR2
Interior features: Instant Hot Water
Exterior features: Lighting
Appliances: Dishwasher,Electric Oven,Gas Range,Refrigerator,Dryer,Washer
Parking description: On Street
Lot description: Landscaped
Heating/cooling: Central Air
Heating description: Central
MLS area: C21 - Silver Lake - Echo Park

Last Updated: 7/1/2025

 Days On Market (DOM): 82

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This listing belongs to the C21 - Silver Lake - Echo Park MLS area

Lat/Long: 34.069530, -118.255319.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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