Echo Park Hillside Investment Opportunity with Significant Upside Potential 5 -unit multifamily property perched in the hills just off Sunset Blvd, in one of Los Angeles’ most dynamic and rapidly evolving neighborhoods.Featuring three 1-bedroom units and two studio units, offering a coin operated laundry facility , skyline views and surrounded by privacy and hillside charm ,this prooperty provides a living environment that is increasingly difficult to replicate.
A standout feature is properties 5 Detached garages 4 of which can be delivered VACANT ! Creating a unique opportunity to build an ADU(buyer to verify ) ADU websites for faster plan review and permit issuance in suplements (buyer to verify). One of the last remaining original multifamily properties on this hillside, the asset offers investors the rare combination of ex isting cash flow, value-add potential, and irreplaceable location characteristics. Cap rate 5.60 and grm of 12.47. Properties will be delivered with tenant occupancy
Surrounded by new developments and positioned near Echo Park, Elysian Park, Dodger Stadium, and Downtown Los Angeles, the property benefits from both current income and long-term appreciation potential.
Pending
Listed by: KELLER WILLIAMS LARCHMONT • JOSEPHINE SAN LUCAS • Contact: 562-843-8748
Price cut: $148K (7/9)
$850,000
1126 White Knoll Dr, Los Angeles, CA 90012
3beds
5baths
2,574sqft
Mixed Use
Built in 1921
-- sqft lot
$-- Zestimate®
$330/sqft
$-- HOA
What's special
Skyline viewsCoin operated laundry facility
- 233 days
- 174
- 5
Zillow last checked:
Listing updated:
Listed by:
JOSEPHINE SAN LUCAS DRE #01308257 562-843-8748,
KELLER WILLIAMS LARCHMONT
Source: CRMLS,MLS#: MB26111563
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,574
- Total interior livable area: 2,574 sqft
Property
Parking
- Total spaces: 5
- Parking features: On Site, Off Street, See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights, Hills, Landmark, Panoramic
Lot
- Size: 4,351 Square Feet
- Features: Corner Lot
Details
- Additional structures: Shed(s), Storage
- Parcel number: 5406018013
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Hiking, Street Lights, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $633,393
- Date on market: 6/7/2026
- Cumulative days on market: 233 days
- Listing terms: 1031 Exchange
- Total actual rent: 6670
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$3,098/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Pending sale | $850,000$330/sqft |
Source: | ||
| 8/3/2026 | Listed for sale | $850,000$330/sqft |
Source: | ||
| 7/22/2026 | Pending sale | $850,000$330/sqft |
Source: | ||
| 7/9/2026 | Price change | $850,000-14.8%$330/sqft |
Source: | ||
| 6/8/2026 | Listed for sale | $998,000-2.6%$388/sqft |
Source: | ||
| 5/15/2026 | Listing removed | $1,025,000$398/sqft |
Source: | ||
| 3/2/2026 | Price change | $1,025,000-6.8%$398/sqft |
Source: | ||
| 12/3/2025 | Listed for sale | $1,100,000+161.9%$427/sqft |
Source: | ||
| 5/31/2002 | Sold | $420,000+121.1%$163/sqft |
Source: Public Record Report a problem | ||
| 12/20/1996 | Sold | $190,000+153.6%$74/sqft |
Source: Public Record Report a problem | ||
| 12/30/1994 | Sold | $74,909-46.5%$29/sqft |
Source: Public Record Report a problem | ||
| 6/8/1994 | Sold | $140,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $633,393 +2% |
| 2025 | $7,944 +1.5% | $620,985 +2% |
| 2024 | $7,827 +1.9% | $608,820 +2% |
| 2023 | $7,682 +4.7% | $596,894 +2% |
| 2022 | $7,336 +1.3% | $585,202 +2% |
| 2021 | $7,240 -0.9% | $573,739 +1% |
| 2020 | $7,309 | $567,863 +2% |
| 2019 | $7,309 +5.7% | $556,740 +2% |
| 2018 | $6,914 | $545,835 +2.1% |
| 2017 | $6,914 +2.2% | $534,604 +2% |
| 2016 | $6,767 +2.5% | $524,123 +1.5% |
| 2015 | $6,599 +0.7% | $516,251 +2% |
| 2014 | $6,551 | $506,140 +2.5% |
| 2012 | -- | $493,974 +2% |
| 2011 | -- | $484,289 +0.8% |
| 2010 | -- | $480,670 -0.2% |
| 2009 | -- | $481,812 +2% |
| 2008 | -- | $472,366 +2% |
| 2007 | -- | $463,105 +2% |
| 2006 | -- | $454,025 |
| 2005 | -- | $454,025 +4% |
| 2004 | -- | $436,397 +1.9% |
| 2003 | -- | $428,400 +108.6% |
| 2002 | -- | $205,362 +4% |
| 2000 | -- | $197,390 |
Find assessor info on the county website
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Neighborhood: Echo Park
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