308 E Edgeware Rd Los Angeles, CA 90026
Echo Park NeighborhoodEstimated payment $4,656/month
Highlights
- Art Deco Architecture
- Rectangular Lot
- 1-Story Property
- Gated Home
- Auto Driveway Gate
- 4-minute walk to Patton Street Park
About This Home
This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.
Listing Agent
Douglas Elliman of California, Inc. License #02139042 Listed on: 02/19/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1936
Lot Details
- 4,179 Sq Ft Lot
- Gated Home
- Rectangular Lot
- Property is zoned LACW
Home Design
- Art Deco Architecture
- Cosmetic Repairs Needed
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 1,058 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Private Parking
- Auto Driveway Gate
- Shared Driveway
Additional Features
- City Lot
- Cooling System Mounted To A Wall/Window
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 5160-020-038
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 | $6,569 | $538,506 | $376,026 | $162,480 |
| 2024 | $6,569 | $527,948 | $368,653 | $159,295 |
| 2023 | $6,447 | $517,597 | $361,425 | $156,172 |
| 2022 | $6,153 | $507,449 | $354,339 | $153,110 |
| 2021 | $6,074 | $497,500 | $347,392 | $150,108 |
| 2020 | $6,135 | $492,399 | $343,830 | $148,569 |
| 2019 | $5,895 | $482,745 | $337,089 | $145,656 |
| 2018 | $5,834 | $473,280 | $330,480 | $142,800 |
| 2016 | $3,922 | $315,836 | $191,573 | $124,263 |
| 2015 | $3,866 | $311,093 | $188,696 | $122,397 |
| 2014 | $3,892 | $305,000 | $185,000 | $120,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $799,999 | 0.0% | $756 / Sq Ft | |
| 02/18/2026 02/18/26 | Off Market | $799,999 | -- | -- | |
| 02/18/2026 02/18/26 | For Sale | $799,999 | +162.3% | $756 / Sq Ft | |
| 07/15/2013 07/15/13 | Sold | $305,000 | +1.7% | $288 / Sq Ft | View Prior Sale |
| 06/15/2013 06/15/13 | Pending | -- | -- | -- | |
| 09/10/2012 09/10/12 | For Sale | $299,900 | -- | $283 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | $180,000 | Title 365 | |
| Interfamily Deed Transfer | -- | Advantage Title 365 | |
| Grant Deed | $305,000 | Advantage Title 365 | |
| Interfamily Deed Transfer | -- | Lsi | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Grant Deed | $128,500 | Benefit Land Title Company | |
| Gift Deed | -- | -- | |
| Grant Deed | $113,000 | American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,000 | Seller Take Back | |
| Previous Owner | $228,750 | New Conventional | |
| Previous Owner | $228,750 | New Conventional | |
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $229,500 | New Conventional | |
| Previous Owner | $146,000 | Purchase Money Mortgage | |
| Previous Owner | $126,514 | FHA | |
| Previous Owner | $112,533 | FHA |
Source: The MLS
MLS Number: 26653271
APN: 5160-020-038
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Ask me questions while you tour the home.