Exterior facade of multifamily property at 1926 santa ynez st with large windows and a wooden fence, set against a blue sky.

Closed Listing

Renovated Spanish-Style Property by Echo Park Lake

1926 santa ynez st

sold in

Echo Park

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.

6

Number of Units

1927

Year Built

4,621

SF

Square Footage

6,502 SF

SF

Lot Size

LARD2

Zoning

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

Price P/ Unit

$388,333

Price p/ Sq. ft.

$504

Proforma Cap Rate

7.89%

Contact

Sales agent

Spanish-style multifamily building at 1926 santa ynez st, with white walls and large windows, surrounded by a wooden fence.
Spanish-style multifamily building at 1926 santa ynez st, with white walls and large windows, surrounded by a wooden fence.
Spanish-style multifamily building at 1926 santa ynez st, with white walls and large windows, surrounded by a wooden fence.
Spanish-style multifamily building at 1926 santa ynez st, with white walls and large windows, surrounded by a wooden fence.
Bright, modern living room at 1926 santa ynez st, featuring a beige sofa, coffee table, plants, and artwork on white walls.
Bright, modern living room at 1926 santa ynez st, featuring a beige sofa, coffee table, plants, and artwork on white walls.
Bright, modern living room at 1926 santa ynez st, featuring a beige sofa, coffee table, plants, and artwork on white walls.
Bright, modern living room at 1926 santa ynez st, featuring a beige sofa, coffee table, plants, and artwork on white walls.
Bright, modern kitchen at 1926 santa ynez st with white cabinets, stainless steel appliances, and light-colored flooring.
Bright, modern kitchen at 1926 santa ynez st with white cabinets, stainless steel appliances, and light-colored flooring.
Bright, modern kitchen at 1926 santa ynez st with white cabinets, stainless steel appliances, and light-colored flooring.
Bright, modern kitchen at 1926 santa ynez st with white cabinets, stainless steel appliances, and light-colored flooring.
Modern bathroom at 1926 santa ynez st, with a marble countertop, dark cabinet, and a simple mirror above.
Modern bathroom at 1926 santa ynez st, with a marble countertop, dark cabinet, and a simple mirror above.
Modern bathroom at 1926 santa ynez st, with a marble countertop, dark cabinet, and a simple mirror above.
Modern bathroom at 1926 santa ynez st, with a marble countertop, dark cabinet, and a simple mirror above.

Video

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.