523 N Lake
Los Angeles, CA, 90026 $ 998,000
Baths2.1 Sq 2,618 Monthly Estimate*
$ 6,301
Listed by eXp Realty of Southern California
Studio for $998,000 with 2 full baths, 1 half bath. This 2,618 square foot home was built in 1912 on a lot size of 0.1929.
A rare opportunity to own a character-rich 1912 Craftsman duplex in the heart of Echo Park, just moments from Sunset Boulevard and with views toward the Downtown Los Angeles skyline. From the moment you arrive, the property feels distinctly LA, with mature landscaping, original architectural details, and the kind of warmth and personality that newer construction simply can’t replicate. Inside, both units retain beautiful period character, including hardwood floors, dark wood trim, built-ins, beamed ceilings, and original-style windows that bring in natural light and frame the surrounding neighborhood. The larger unit offers 2 bedrooms and 1.5 baths, with the second bedroom located upstairs alongside an adjoining office and half bath, creating a flexible space for working from home, guests, or a private retreat. The second unit features 1 bedroom and 1 bath, with comfortable, well-proportioned living spaces. Set on an approximately 8,400-square-foot LARD2 lot, the property offers something increasingly hard to find in central Los Angeles: meaningful outdoor space. The expansive yard is surrounded by mature trees and landscaping, with room to garden, gather, relax, or simply enjoy a sense of openness that feels unusual for the neighborhood. From the lot, you can take in views toward the Downtown Los Angeles skyline, adding to the property’s unique sense of place. A detached two-car garage, currently used as shared tenant storage, provides additional utility, along with gated driveway space. Both units have laundry access, including one in-unit laundry area and a separate laundry area serving the second unit. The location puts you close to the restaurants, coffee shops, boutiques, and neighborhood favorites that make Echo Park and Sunset Boulevard so desirable, while also offering convenient access to Downtown Los Angeles, Silver Lake, and surrounding Eastside neighborhoods. Sold tenant-occupied, this is a compelling opportunity for a buyer seeking a distinctive income property with original Craftsman character, a substantial lot, city views, and a prime Echo Park location.
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FeaturesGeneralSewer Public Sewer
Heating Floor Furnace
Cooling None
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 2
Architectural Style Craftsman
Pool Features None
Exclusions Tenant-owned refrigerators washers and dryers excluded from sale.
Year Built 1912
Tenant Pays Electricity Gas
View City Lights Neighborhood
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 41148
Community Features Street Lights
County Los Angeles
Net Operating Income 40037
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency None
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Sunset turn Rt onto Alvarado Rt onto Kent Left onto Rosemont Left onto Belleview Rt onto N Lake
City Los Angeles
Entry Location Front Door
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 8403
Number of Units Leased 2
Listing Terms Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 92.56
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 19
Total Actual Rent 3429
Property Sub Type Additional Duplex
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InteriorInterior Amenities Beamed Ceilings Built-in Features Ceiling Fan(s)
Flooring Wood
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Common Area Inside Laundry Room
Entry Level 1
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ExteriorFencing Block
Parking Features Garage Gated On Street
Lot Features Back Yard
Water Source Public
Total Parking 4
Lot Size Area 8403
Foundation Details Raised
Number of Buildings 1
Building Area Total 2618
Lot Size Acres 0.1929
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByExp Realty Of Southern CaliforniaBroker
gillian@gillianchristiegroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,301
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,864,230
Percent of Sale Price 87%
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 |
|---|
| 9/2/2026 | $998,000 | | Listed Price |