1915 Park Avenue, Los Angeles, CA

Name: 1915 Park Avenue, For Sale in Los Angeles - eXp Realty
Brand: Marcus & Millichap
SKU: 26873437
Price: 18000000 USD

House

For Sale

Listed price in listed location currency (USD).

$18,000,000

404030

MLS® 26873437

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 37830 sqft

Garage

Taxes

Days Active 0

Lot Size 0.191 Acres

Approx. Age 2025

Avg. Price Per Sqft $475

MLS® Number 26873437

Property Address: 1915 Park Avenue, Los Angeles, CA, 90026

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 1915 Park Avenue, a 36-unit newly constructed multifamily investment opportunity completed in 2025 and located in the heart of Echo Park, one of Los Angeles' most dynamic and sought after urban neighborhoods. The property features a well-balanced unit mix of 16 studios (avg. 421 SF), 16 one-bedroom/one-bath units (avg. 691 SF), and 4 two-bedroom/two-bath units (avg. 1, 069 SF) across six residential floors, totaling approximately 37, 830 gross square feet. Units are offered in stacked layouts with multiple floor plan configurations, providing tenants a variety of living options. Interior finishes include quartz countertops, modern appliances, laminate flooring, keycard entry, in-unit doorbell systems, and ventless washer/dryers. The building's amenity package is designed for the modern renter, highlighted by a rooftop lounge with BBQs, a garden-inspired setting, and panoramic views of Echo Park Lake and Downtown Los Angeles. Parking includes 18 on-site spaces, with an additional 12 spaces provided through a lease agreement with the neighboring property. The parking area is equipped with EV charging stations and secure bike storage lockers. RUBS are in place through individual unit submeters, and the property utilizes a Butterfly MX smart intercom system for keyless, app-based tenant access. Tenant storage is currently offered at no charge, presenting potential ancillary income for a new owner. Echo Park remains one of Los Angeles' most walkable and rapidly evolving neighborhoods, attracting a strong mix of young professionals, creatives, and families. The property benefits from close proximity to Downtown LA, Silver Lake, Los Feliz, and Chinatown, with direct access to the 5, 2, 110, and 101freeways. The neighborhood's vibrant dining, nightlife, and outdoor amenities surrounding Echo Park Lake continue to support strong renter demand and long-term rent growth. 1915 Park Avenue represents a rare opportunity to acquire a turnkey asset in one of Los Angeles' most supply-constrained urban submarkets, supported by in-place income and a highly desirable location that continues to attract one of the city's strongest renter demographics.

MLS® Number26873437

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2025

Basement

DrivewayNone

Garage Spaces

HeatNone

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 17, 2026List Date

$18,000,000List Price

Commute

Commute

Starting Address

Destination Address

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