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For sale
  • Listed by: BHHS California Properties • Yennis Wong • 626-316-3318
    Price cut: $260K (7/24)
    $1,800,000

    1550 El Paso Dr, Los Angeles, CA 90065

    15beds
    10baths
    7,511sqft
    Mixed Use
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Tremendous development opportunity offering current income-producing units. Ideal location in the heart of Northeast Los Angles at the junction of Glassell Park, Eagle Rock, and Highland Park, 1550 El Paso Drive presents a compelling mixed-use asset ideal for the savvy investor. On a large 14,000sqft plus lot, the property features 10 Units with a Mix of (4) 1BD/1BA; (6) 2BD/1BA; on a mixed-use-zoned lot with strong street visibility along one of Northeast Los Angeles' most prominent commercial corridors, surrounded by some of the city's hottest new shopping, dining, and neighborhood destinations.Located just minutes from neighborhood anchors such as Occidental College, the property sits within the vibrant Northeast Los Angeles submarket encompassing Eagle Rock, Highland Park, and Glassell Park. Together, these communities represent a combined population of over 110,000 residents with rising median household incomes, a highly educated workforce, and a strong concentration of young professionals, creatives, and long-term homeowners. The area is known for its thriving retail and dining scenes along Colorado Boulevard, York Boulevard, and Figueroa Street, as well as its proximity to major employment centers in Downtown Los Angeles, Pasadena, and Glendale.With strong neighborhood demographics, walkable lifestyle amenities, and continued growth across Northeast LA, 1550 El Paso Drive offers a rare opportunity to acquire a well-located mixed-use property with stable in-place income and long-term upside in one of Los Angeles' most sought-after urban neighborhoods.
    156 days
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    168
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Yennis Wong DRE #01344042 626-316-3318,

    BHHS California Properties,

    Armen Sarkissian DRE #01242603 626-695-2808,

    BHHS California Properties

    Source: CRMLS,MLS#: P1-26260MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 10
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Common Area
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 7,511
      • Total interior livable area: 7,511 sqft

      Property

      Parking
      • Total spaces: 22
      • Parking features: Door-Multi, Garage, On Site, One Space
      • Garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      • Spa features: None
      • Fencing: Masonry
      • Has view: Yes
      • View description: None
      Lot
      • Size: 0.33 Acres
      • Features: Sprinklers None
      Details
      • Parcel number: 5474022021
      • Special conditions: Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      Condition
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
      • Subdivision: Not Applicable
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $240/sqft
      • Tax assessed value: $758,619
      • Annual tax amount: $10,558
      • Date on market: 3/14/2026
      • Cumulative days on market: 156 days
      • Listing terms: Cash,Cash to New Loan,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,883/mo

        Price history

        DateEventPrice
        7/24/2026Price change$1,800,000-12.6%$240/sqft
        Source: CRMLS #P1-26260 Report a problem
        5/9/2026Price change$2,060,000-17.6%$274/sqft
        Source: CRMLS #P1-26260 Report a problem
        3/14/2026Listed for sale$2,500,000$333/sqft
        Source: CRMLS #P1-26260 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,558 +1.8%$758,619 +2%
        2024$10,366 +1.7%$743,745 +2%
        2023$10,189 +3.8%$729,162 +2%
        2022$9,813 +2.1%$714,866 +2%
        2021$9,611 -0.8%$700,850 +1%
        2020$9,690 $693,664 +2%
        2019$9,690 +6.6%$680,064 +2%
        2018$9,094 $666,730 +2%
        2017$9,094 +2.5%$653,657 +2%
        2016$8,869 +3.2%$640,841 +1.5%
        2015$8,595 $631,216
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Eagle Rock

        Getting around

        86 / 100
        Very Walkable
        40 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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