1400 Carroll Avenue Los Angeles, CA 90026

Multi-Family (2-4 Units) MLS #: BB25030260 Courtesy Of Myunits.com

$2,795,000

10 beds | 8 baths | 3,325 sq ft
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Estimated monthly payments: $12,218/mo.* (recalculate)

Property InformationDescription

The 2-4 Unit Specialists are pleased to present 1400 Carroll Ave, 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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Features

  • Age: Over 50 Years Old
  • Appliances: Range, Range - Gas, Refrigerator, Water - Instant Hot
  • Architecture Style: Other
  • Heating System: Central Furnace
  • Rooms: Kitchen, Living Room
  • View Type: City

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1400 Carroll Avenue, Los Angeles, CA 90026
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School Information

1400 Carroll Avenue, Los Angeles, CA 90026

Elementary School
Grades KG-5 | Public School
BETTY PLASENCIA ELEMENTARY
Los Angeles, CA 90026
1321 Cortez St
213.­250.7450
Distance: 0.2 mi
School Rating
C
Student:Teacher Ratio
21:1
Total Students
527
Middle School
Grades 6-8 | Public School
SAL CASTRO MIDDLE SCHOOL
Los Angeles, CA 90026
1575 W 2nd St
213.­241.4416
Distance: 0.7 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
323
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF GLOBAL STUDIES
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3850
Distance: 0.9 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
321
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF SOCIAL JUSTICE
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3896
Distance: 0.9 mi
School Rating
D+
Student:Teacher Ratio
24:1
Total Students
465
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF BUSINESS & TOURISM
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3840
Distance: 0.9 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
397
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - ACADEMIC LEADERSHIP COMMUNITY
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3815
Distance: 0.9 mi
School Rating
C-
Student:Teacher Ratio
22:1
Total Students
477
High School
Grades 9-12 | Public School
BELMONT HIGH SCHOOL
Los Angeles, CA 90026
1575 W 2nd St
213.­241.4300
Distance: 0.7 mi
School Rating
D+
Student:Teacher Ratio
18:1
Total Students
690
High School
Grades 9-12 | Public School
ROYBAL LEARNING CENTER
Los Angeles, CA 90026
1200 Colton St
213.­580.6400
Distance: 0.6 mi
School Rating
C+
Student:Teacher Ratio
19:1
Total Students
856
Other Nearby Schools Distance Type Grades School Rating
Our Lady Of Loretto Elementary School 0.5 mi Private KG-8
Downtown Business High School 0.5 mi Public 9-12 A
Alliance Ted K. Tajima High School 0.6 mi Public 9-12 A-
Los Angeles Academy Of Arts And Enterprise 0.6 mi Public 6-12 D
Logan Academy Of Global Ecology 0.7 mi Public KG-8 C-
Camino Nuevo Charter Academy #4 0.7 mi Public KG-8
Gabriella Charter 0.7 mi Public KG-8 C
Harris Newmark Continuation 0.7 mi Public 9-12 F
Camino Nuevo Charter Academy #4 0.7 mi Public KG-8 C-
Union Avenue Elementary 0.8 mi Public PK-5 C-
Camino Nuevo Charter High School 0.8 mi Public 9-12 F
Rosemont Avenue Elementary 0.9 mi Public 2-5 C
Lake Street Primary School 0.9 mi Public KG-1
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90026

Median Age: 36.4
Married: 27%
Number of Households: 25,310
Households with Children: 18.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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