2004 Echo Park Avenue
Los Angeles, CA, 90026
$1,298,888
MLS: OC26061769
Beds
6
Baths
3
Sq Ft
2,480
Lot
0.09 ac
Year Built
1920
MLS #
OC26061769
Days on Market
21
Listed
Mar 22, 2026
Description
6 bed | 2 bath | 2,560 sq ft | Corner lot | Three-unit property | LARD3 zoning Welcome to one of the most storied corners in upper Elysian Heights. Sitting at Echo Park Ave and Ewing St, this Queen Anne Victorian is widely known as "The Queen of Elysian Heights" and is believed to be among the oldest homes on the avenue. A true storybook-style gem with huge upside potential. The property includes three units total: the main Victorian residence and a two-unit duplex, all set on a 4,046 sq ft corner lot with 3 parking spaces. Two units are currently occupied with month-to-month tenancies at below market rents, creating immediate income alongside meaningful upside for a future owner. Live in the main home and let your tenants offset the mortgage, or hold all three units as a long-term rental in one of the Eastside's most in-demand neighborhoods. The LARD3 zoning opens additional doors for the right buyer. As a historically designated property, the next owner may want to explore potential Mills Act property tax benefits. The Mills Act allows owners of qualified historic properties to receive significant property tax relief in exchange for a commitment to preserve and maintain the home's historic character. Buyers are encouraged to research eligibility and application requirements through the City of Los Angeles Office of Historic Resources. Elysian Heights puts you in the center of everything that makes Echo Park one of the most sought-after neighborhoods in Los Angeles. Walk to Elysian Heights Elementary Arts Magnet, grab coffee at Canyon Coffee or Valerie Echo Park, and enjoy neighborhood staples like Cookbook, Bacetti Trattoria, and Lady Byrd Cafe. Sunset Boulevard is just minutes away with its endless dining, arts, and nightlife. Echo Park Lake, Dodger Stadium, and local hiking trails are all at your doorstep, and the 101 and 2 freeways provide easy access across the city. Historical designation adds both character and long-term value protection. This is a rare opportunity to anchor yourself in a neighborhood where properties like this rarely come to market. Water/sewer is submetered and pid by tenant. Tenants pay their own electric/gas and are separately metered. Please do not disturb occupants. Call your Realtor today to schedule a tour and make an offer.
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: Jessica Nieto · eXp Realty of California Inc
Payment estimate
$9,323
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,889 · Loan: $1,168,999
- Principal & Interest
- $7,183
- Property tax (1.25%)
- $1,353
- Homeowners insurance
- $300
- Mortgage insurance
- $487
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $45,461 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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