$899,000
-$100,0005048 E Echo Street, Los Angeles CA 90042
Multi-Family (Fourplex)
Property type
81 days
On market
$246
Price per sqft
4 cars
Garage
1924
Year built
4,644 sqft
Lot size
Home highlights
Open Houses
Overview
Prime value-add four-unit investment opportunity in the heart of highly sought-after Highland Park. Located at 5048–5050 E. Echo Street, this charming Spanish Revival-style property offers strong current income, significant upside potential, and an exceptional opportunity to invest in one of Northeast Los Angeles’ most vibrant and rapidly growing neighborhoods. The...
Listing provided by: Sheida Rezazadeh DRE #01925670, Keller Williams R. E. Services
Listing updated: May 19, 2026 at 06:26am.
Last checked: Jun 3, 2026 at 10:01pm
Source: CRMLS #GD26054879
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $790 | $790 | $1,900 | Unfurnished |
| 1 | 1 | 1 | 1 | $835 | $835 | $1,900 | Unfurnished |
| 1 | 1 | 1 | 1 | $993 | $993 | $1,900 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,095 | $1,095 | $1,900 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Tenant Pays: Cable Tv, Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
20.2x
List Price / Annual Gross Rent
Cap Rate
3.64%
NOI / List Price
Gross Scheduled Income: $44,556
Vacancy Allowance: $0
Operating Expense: $8,200
Net Operating Income: $36,356
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $4,000
Trash: $0
Water / Sewer: $4,200
Interior
Room Type: Kitchen, Living Room
Cooling: Wall Window Units
Heating: Wall Furnace
Fireplace: None
Laundry: Inside, Laundry Closet
Accessibility: Safe Emergency Egress From Home
Entry Location: Front Door
Exterior
Architectural Style: Spanish
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Spanish Tile
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Fencing: Barbed Wire
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: None
Garage and Parking
Parking: Direct Access, Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5468008002
Additional Parcels: No
Tax Lot: 2
Zoning: LARD 1.5
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Park, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 5048 E Echo Street, Los Angeles, CA 90042. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$719,200
Total Interest
$917,300
Total Payment
$1,636,500
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,632
per month
Property History for 5048 E Echo Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90042.
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