2506 W Sunset Blvd Los Angeles, CA 90026
Echo Park NeighborhoodEstimated payment $19,134/month
About This Home
Pleased to present this rare mixed-use investment opportunity located in the heart of Silver Lake along the vibrant West Sunset Boulevard corridor. 2506 W Sunset Blvd is an 8,000 square foot building situated on a 5,694 square foot lot, offering a well-balanced unit mix of three street-level retail storefronts and seven residential apartment units. All but one of the units are currently on month-to-month leases, providing immediate flexibility and repositioning potential for an investor or owner-user. One of the commercial units is intentionally left available, offering instant upside through lease-up. Additionally, the property includes three separate basement units—each approximately 1,000 square feet—ideal for storage rental or creative repurposing.
Zoned (Q)C2-1VL with a Tier 3 Transit Oriented Communities (TOC) designation, the property also holds long-term redevelopment potential. With a highly walkable location, under-market rents, and multiple income enhancement opportunities, this offering is well-positioned for those seeking a prime asset in one of Los Angeles’ most dynamic and desirable neighborhoods.
Listing Agent
Pacific Sotheby's Int'l Realty Brokerage Phone: 818-813-4619 License #02112863 Listed on: 07/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,813
Year Built
- Built in 1924
Lot Details
- 5,694 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 1 Bedroom
- 8,000 Sq Ft Home
- 2-Story Property
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Listing and Financial Details
- Tax Lot 57
- Tax Tract Number 195
- Assessor Parcel Number 5402014022
- $1,349 per year additional tax assessments
Community Details
Overview
- 10 Units
Building Details
- 9 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,200
- Fuel Expense $1,440
- Insurance Expense $8,539
- Maintenance Expense $5,000
- Other Expense $2,722
- Trash Expense $3,456
- Water Sewer Expense $6,600
- Operating Expense $29,418
- Gross Income $173,676
- Net Operating Income $101,968
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,813 | $549,423 | $302,186 | $247,237 |
| 2024 | $7,813 | $538,651 | $296,261 | $242,390 |
| 2023 | $7,685 | $528,090 | $290,452 | $237,638 |
| 2022 | $7,372 | $517,736 | $284,757 | $232,979 |
| 2021 | $7,243 | $507,585 | $279,174 | $228,411 |
| 2019 | $7,052 | $492,732 | $270,895 | $221,837 |
| 2018 | $6,911 | $483,076 | $265,584 | $217,492 |
| 2016 | $6,498 | $464,127 | $255,272 | $208,855 |
| 2015 | $6,415 | $457,156 | $251,438 | $205,718 |
| 2014 | $6,457 | $448,202 | $246,513 | $201,689 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | For Sale | $3,500,000 | -- | $438 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | American Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $426,000 | Commercial | |
| Previous Owner | $290,000 | Commercial | |
| Previous Owner | $285,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25162915
APN: 5402-014-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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