$2,600,000

715 Douglas St Los Angeles, CA 90026

0.2 acres
Multi-Family

Property details

About 715 Douglas St

715 Douglas St 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 5.67%, 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 Douglas Street, 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, 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, 715 Douglas St 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!

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1566 Acres
Year built1924
ParkingOn Street
MLS #BB25097040
FireplaceDining Room
ViewCity Lights, Neighborhood

Summary

  • Appliances: Dishwasher, Electric Oven, Gas Range, Refrigerator, Dryer, Washer
  • Interior: Instant Hot Water
  • Fireplace: Dining Room
  • Private Pool: No
  • Parking: On Street
  • View: City Lights, Neighborhood
  • Exterior: Lighting
  • Heating: Central
  • Cooling: Central Air
  • List Price: $2,600,000
  • Annual Tax Amount: $19,022
  • Tax Year: 2024
  • Lot: Landscaped
  • Directions: From US-101 Freeway: Exit at Alvarado Street and head north, Turn right onto Bellevue Avenue, Turn left onto Douglas Street, and Continue to 715 Douglas Street.
  • Year Built: 1924
  • Stories: 2
  • Lot Size: 0.1566 Acres
  • MLS Number: BB25097040
  • MLS Name: CRMLS
  • Office Name: Myunits.com Inc.
  • Office Phone: (805) 973-7470
  • Listing Agent: Cheyenne Womack

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a porch and roof with shingles

$2,600,000

715 Douglas St

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 25, 2021
Home Sold
$1,300,000
May 14, 2021
Home Sold
$625,000

Tax history

YearAssessmentProperty Tax
2024$1,709,784$19,022
2023$1,352,520$16,806
2022$1,326,000$16,030
2021$72,869$1,322
2020$72,123$1,291
2019$70,709$1,208
2018$69,324$1,186
2017$67,966$1,186

History based on county public records data.

Nearby schools

4

Betty Plasencia Elementary

Public District KG-5

0.2 mi

1321 Cortez St

4

Union Avenue Elementary

Public District PK-5

0.8 mi

150 S Burlington Ave

4

Rosemont Avenue Elementary

Public District 2-5

0.9 mi

421 Rosemont Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,176. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

38%
<35k
43%
35k-100k
5%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
9%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
33%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 715 Douglas St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $2,600,000.

Over 395 listings were sold over their listed price in April 2025 in Los Angeles, CA. In the same period over 328 listings were sold below the listed price and 148 listings were sold for the listed price. In April 2025 in Los Angeles, CA there were 10.2% more homes for sale than in March. In April 2025 median list price was $896,516 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

More resources