1400 Carroll Avenue
Los Angeles, CA 90026
- – beds
- – baths
- – sqft
- 6,822 sqft lot
- 1924 build
- – on site
1400 Carroll Ave 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 5.19%, 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 Carroll Avenue, 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, 1400 Carroll/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, 1400 Carroll Ave 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!
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Last updated Feb 12, 2025
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MLS# BB25030260 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1924
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Year Built Source:Seller
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New Construction:No
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Building Area Total:3325.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:2
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Exterior Features:Lighting
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Stories Total:2
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Entry Level:1
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Accessibility Features:None
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Common Walls:1 Common Wall
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Green Verification:1
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# of Separate Gas Meters:3
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Levels:Two
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Entry Location:Ground Level
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Room Type:Kitchen, Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Dryer Included, Inside, Washer Hookup, Washer Included
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Laundry:1
Location
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Directions:From US-101 North: Take exit 4B for Alvarado St. Turn left onto N Alvarado St. Turn left onto W Sunset Blvd. Turn right onto N Edgeware Rd. Turn left onto Carroll Ave. The destination will be on your right.
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Latitude:34.06963100
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Longitude:-118.25526300
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Property Condition:Turnkey
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Zoning:LAR2
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Lot Features:Landscaped
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Lot Size Area:6822.0000
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Lot Size Acres:0.1566
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Lot Size SqFt:6822.00
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Lot Size Source:Public Records
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View:1
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View:City Lights, Neighborhood
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:197...
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Tax Lot:2
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Tax Annual Amount:33351.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5405013002
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:Electric Oven, Gas Range, Instant Hot Water, Refrigerator
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Included:Yes
The Community
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Neighborhood:Echo Park
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Features:Sidewalks, Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking:No
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Parking:Street
Extra Units
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Average 2 Bed Area:625
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Number With Refrigerator:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/11/25
Feb 11, 2025
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Listed / Active | CRMLS_CA | $2,795,000 |