308 E Edgeware Rd Los Angeles, CA 90026
Echo Park NeighborhoodEstimated payment $4,776/month
Highlights
- 1-Story Property
- Under Construction
- Auto Driveway Gate
- Gated Home
- Rectangular Lot
- 4-minute walk to Patton Street Park
About This Home
This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.
Listing Agent
Douglas Elliman of California, Inc. License #02139042 Listed on: 10/18/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,569
Year Built
- Built in 1936 | Under Construction
Lot Details
- 4,179 Sq Ft Lot
- Gated Home
- Rectangular Lot
- Property is zoned LACW
Home Design
- Cosmetic Repairs Needed
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 1,058 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Private Parking
- Auto Driveway Gate
- Shared Driveway
Location
- City Lot
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or 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 |
|---|---|---|---|---|---|
| 10/18/2025 10/18/25 | 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: 25608661
APN: 5160-020-038
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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