715 Douglas Street

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715 Douglas Street

Los Angeles, CA90026

| 3325 sqft | MLS# BB25097040

Tract:

For Sale $2,575,000

Monica Ruggieri

Monica Ruggieri

AGENT | CAL BRE# 01828186


949.300.8600 |

Description

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!

Facts

| Built in 1924 | Lot Size: 6822.00 sqft | HOA Dues: $0/month

Features

Listing provided by Cheyenne Womack, Myunits.com Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of July 1, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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