1550 El Paso Drive, Los Angeles, CA 90065
Local realty services provided by:ERA Donahoe Realty
1550 El Paso Drive,Los Angeles, CA 90065
$2,500,000
- - Beds
- - Baths
- 7,511 sq. ft.
- Multi-family
- Active
Listed by: yennis wong, armen sarkissian
Office: berkshire hathaway home servic626-440-5100
MLS#:P1-26260
Source:CRMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$332.85
About this home
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 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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Home facts
- Year built:1959
- Listing ID #:P1-26260
- Added:50 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Living area:7,511 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1959
- Building area:7,511 sq. ft.
- Lot area:0.33 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$332.85
Parking
- Total parking spaces:22
- Parking description:Door-Multi, Garage, On Site, One Space
- Garage:Yes
- Garage spaces:3
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