1550 El Paso Drive
Los Angeles, CA, 90065 $ 2,500,000
Baths10.0 Sq 7,511 Monthly Estimate*
$ 15,393
Listed by Berkshire Hathaway Home Servic
Studio for $2,500,000 with 10 full baths. This 7,511 square foot home was built in 1959 on a lot size of 0.3338.
Rare investment property offering current income-producing units with tremendous development opportunity. 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 11 units 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.
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FeaturesGeneralSewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1959
View None
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 118535
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 4289
Operating Expense 5588
Insurance Expense 3900
Property Type Residential Income
Subdivision Name Not Applicable
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions East of Eagle Rock Blvd
City Los Angeles
Senior Community Y/N false
MLS Area 623 - Glassel Park
Lot Size Units Square Feet
Lot Size Square Feet 14540
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1150
Fuel Expense 2900
Trash Expense 7337
Water Sewer Expense 16300
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Tax Lot 0
Property Sub Type Additional Mixed Use
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InteriorFireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Total Baths 0
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ExteriorFencing Masonry
Parking Features Door-Multi Garage On Site One Space
Lot Features Sprinklers None
Water Source Public
Total Parking 22
Lot Size Area 14540
Number of Buildings 3
Spa false
Building Area Total 7511
Lot Size Acres 0.3338
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
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* Excluded FeaturesList ByBerkshire Hathaway Home ServicBroker
Affordability Calculator
- Monthly Principal & Interest
- $15,393
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,846,918
Percent of Sale Price 26%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/14/2026 | $2,500,000 | | Listed Price |