Homes for sale - 1400 Carroll AVE, Los Angeles, CA 90026

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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,795,000

Est. payment - /mo

6,821 Sqft Lot

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UPDATED:

02/12/2025 02:36 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25030260

Construction Status Turnkey

HOA Y/N No

Year Built 1924

Annual Tax Amount $33,351

Lot Size 6,821 Sqft

Property Sub-Type Triplex

Property Description

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!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Interior Features Instant Hot Water

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Gas Range, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Inside

Exterior

Exterior Feature Lighting

Parking Features On Street

Pool None

Community Features Street Lights, Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Accessibility None

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5405013002

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://www.myunits.com/buy/1400carroll

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Listed by Elizabeth Maddox • Myunits.com Inc. • 818-850-8485

If you are disappointed with the options available within your budget, let me know. 95% of the time, I can help "tweak" search criteria and find at least 10 properties that are tempting.

+1(714) 376-8652

diego@1visionproperties.com

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1400 Carroll AVE Los Angeles, CA 90026