
Closed Listing
Renovated Spanish-Style Property by Echo Park Lake
1926 santa ynez st
sold in
Echo Park
Sold At
$
2,330,000
6
Number of Units
1927
Year Built
4,621
SF
Square Footage
6,502 SF
SF
Lot Size
LARD2
Zoning
1926 Santa Ynez St, Los Angeles, CA 90026
About the Property
Tucked just two blocks west of Echo Park Lake, 1926 Santa Ynez St is a character-rich Echo Park multifamily asset that blends Spanish architecture with modern amenities. This six-unit value-add property offers a rare mix of charm, income, and long-term upside in one of LA’s most creative and culturally dynamic neighborhoods. Located just north of Sunset Boulevard, residents enjoy walkable access to Echo Park’s rapidly evolving retail and culinary scene, including boutique cafés, vintage shops, live music venues, and a revitalized lakeside park that serves as a social and recreational hub for locals.
Originally built in the early 20th century, 1926 Santa Ynez St has undergone significant renovations, with four of the six units thoughtfully upgraded to reflect contemporary tenant preferences. These renovated units feature designer finishes including wood-vinyl flooring, quartz countertops, stainless-steel appliances, custom cabinetry, designer tile backsplashes, recessed lighting, and mini-split A/C systems. Each remodeled unit also includes an in-unit stackable washer and dryer, a premium amenity in this highly sought-after rental submarket.
The property sits on a gently sloping lot with six surface parking spaces that generate additional monthly income. Two storage units located on-site also generate income and may offer future ADU conversion potential (buyer to verify), providing another lever for value-add investors to maximize returns.
With strong in-place income, further upside through continued renovations, and a location that consistently draws high-income tenants, 1926 Santa Ynez St offers investors a rare opportunity to acquire a stabilized yet improvable property in the heart of Echo Park. Whether you’re expanding your portfolio or looking for a high-performing urban investment, this Echo Park multifamily gem combines location, aesthetic appeal, and potential in equal measure.
1926 Santa Ynez St.
Northeast LA
Offering Price
$2,330,000
Number of Units
6 Units
Price per. Unit
$388,333
Bldg. Size
4,621 SF
Price per Foot
$504
Lot Size
6,502 SF SF
Year Built
1927
Current CAP
5.51%
Market CAP
7.89%
Zoning
LARD2
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$388,333
Price p/ Sq. ft.
$504
Proforma Cap Rate
7.89%




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