523 N Lake, Los Angeles, CA 90026

$998,000

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List Price
$998,000
Status
ACTIVE
MLS#
IG26191640
Year Built
1912
Lot Size
8,403
Acres
0.19
Lot Location
Back Yard
Days on Market
10
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Duplex
Stories
Two Levels

Property Description

A rare opportunity to own a character-rich 1912 Craftsman duplex in the heart of Echo Park, just moments from Sunset Boulevard and with views toward the Downtown Los Angeles skyline. From the moment you arrive, the property feels distinctly LA, with mature landscaping, original architectural details, and the kind of warmth and personality that newer construction simply can’t replicate. Inside, both units retain beautiful period character, including hardwood floors, dark wood trim, built-ins, beamed ceilings, and original-style windows that bring in natural light and frame the surrounding neighborhood. The larger unit offers 2 bedrooms and 1.5 baths, with the second bedroom located upstairs alongside an adjoining office and half bath, creating a flexible space for working from home, guests, or a private retreat. The second unit features 1 bedroom and 1 bath, with comfortable, well-proportioned living spaces. Set on an approximately 8,400-square-foot LARD2 lot, the property offers something increasingly hard to find in central Los Angeles: meaningful outdoor space. The expansive yard is surrounded by mature trees and landscaping, with room to garden, gather, relax, or simply enjoy a sense of openness that feels unusual for the neighborhood. From the lot, you can take in views toward the Downtown Los Angeles skyline, adding to the property’s unique sense of place. A detached two-car garage, currently used as shared tenant storage, provides additional utility, along with gated driveway space. Both units have laundry access, including one in-unit laundry area and a separate laundry area serving the second unit. The location puts you close to the restaurants, coffee shops, boutiques, and neighborhood favorites that make Echo Park and Sunset Boulevard so desirable, while also offering convenient access to Downtown Los Angeles, Silver Lake, and surrounding Eastside neighborhoods. Sold tenant-occupied, this is a compelling opportunity for a buyer seeking a distinctive income property with original Craftsman character, a substantial lot, city views, and a prime Echo Park location.

Additional Information

Pool Description
None
Heat
Floor Furnace
Cooling Description
None
View
City Lights, Neighborhood
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Built-in Features, Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$41,148

Listing courtesy of Listing Agent: Gillian Ninan (gillian@gillianchristiegroup.com) from Listing Office: eXp Realty of Southern California.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.