$2,060,000
-$440,0001550 El Paso Drive, Los Angeles CA 90065
Multi-Family (10 Units)
Property type
84 days
On market
$274
Price per sqft
3 cars
Garage
1959
Year built
14,540 sqft
Lot size
Home highlights
Open Houses
Overview
Tremendous development opportunity offering current income-producing units. Ideal location in the heart of Northeast Los Angles at the junction of Glassell Park, Eagle Rock, and Highland Park, 1550 El Paso Drive presents a compelling mixed-use asset ideal for the savvy investor. On a large 14,000sqft plus lot, the property features 10 Units with a Mix of (4) 1BD/1BA; (5)...
Listing provided by: Yennis Wong DRE #01344042 626-316-3318, Berkshire Hathaway Home Servic, Armen Sarkissian DRE #01242603 626-695-2808, Berkshire Hathaway Home Servic
Listing updated: May 18, 2026 at 10:06pm.
Last checked: Jun 3, 2026 at 10:31pm
Source: CRMLS #P1-26260
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| — | 15 | 10 | 3 | $0 | $0 | $2,000 | Unfurnished |
# of Buildings: 3
# of Units Total: 10
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
202.0x
List Price / Annual Gross Rent
Cap Rate
0.21%
NOI / List Price
Gross Scheduled Income: $10,200
Operating Expense: $5,588
Net Operating Income: $4,289
Annual Operating Expenses
Electric: $1,150
Fuel: $2,900
Insurance: $3,900
Professional Management: $0
Trash: $7,337
Water / Sewer: $16,300
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Fireplace: None
Laundry: Common Area
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Sprinklers None
Pool: None
Spa: None
Fencing: Masonry
Water Source: Public
Sewer: Public Sewer
View: None
Garage and Parking
Parking: Door Multi, Garage, On Site, One Space
Garage Spaces: 3
Parking Total: 22
Lot Information
Land Lease: No
Parcel #: 5474022021
Additional Parcels: No
Tax Lot: 0
Tax Tract #: 3631
Subdivision: Not Applicable
Tax Tract: 3631
Community
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1550 El Paso Drive, Los Angeles, CA 90065. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,648,000
Total Interest
$2,101,933
Total Payment
$3,749,933
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,712
per month
Property History for 1550 El Paso Drive
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90065.
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