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1535 Parmer Ave
Los Angeles 90026

$1,250,000
Residential Income baths: 0.0 built: 1927

Main Photo: 1535 Parmer Ave in Los Angeles: Residential Income for sale : MLS®# 260022825SD
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260022825SD
Year Built:
1927
Rare opportunity to own a classic duplex in the heart of one of Los Angeles’ most desirable and high-demand rental markets. Located in the hills of Echo Park, 1535 Parmer Ave features two 2-bedroom, 1-bathroom units, offering an ideal opportunity for an investor or owner-user looking to create long-term value. With one unit currently vacant, a new owner has the flexibility to occupy the property or reposition the unit and capture current market rent, while the occupied unit provides immediate rental income. The property offers approximately 1,349 square feet of living space on a *buyer to verify* ARD2-zoned lot, combining existing income with future upside potential. Situated near the vibrant shops, restaurants, cafés, nightlife, and neighborhood amenities that make Echo Park one of Los Angeles’ most sought-after communities, with convenient access to Silver Lake, Downtown Los Angeles, Sunset Boulevard, and major freeways. Whether you're looking to owner-occupy, renovate and increase rents, or add a well-located multifamily asset to your portfolio, this duplex presents a rare opportunity to create value in a strong Los Angeles rental market.
Lot Area:
3,095 sq. ft.
Bathrooms:
0.0 (Full:-, Half:-)
Year built:
1927 (Age: 99)
Park Name:
N/A
General Listing Location:
Los Angeles
County Or Parish:
Los Angeles
Tenant Pays:
See Remarks
Gross Scheduled Income:
$72,000
Net Operating Income:
$26,400
Cap Rate %:
3.0
Association Fee:
$0
CrossStreet: Echo Park Ave
Number of Buildings:
1
Senior Community:
No
Subdivision Name:
Out Of Area
Levels:
Two
Num Stories:
2
# Units:
2
Cooling:
Wall/Window Unit(s)
Fencing:
Partial
Spa:
No
Total Parking Spaces:
0
Parcel Number:
5419014021
Zoning:
LARD2
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Listed by eXp of Northern California, In
Data was last updated September 18, 2026 at 04:40 AM (UTC)