$1,450,000

1535 Baxter St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated payment $8,153/month

Total Views 8,427
7 Beds
4 Baths
3,170 Sq Ft
$457 Price per Sq Ft

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Cooling System Mounted To A Wall/Window
  • John Marshall Senior High Rated A
  • Hiking Trails
  • Ceramic Countertops

About This Home

Your opportunity awaits! This triplex in Echo Park is looking for a new owner! The property boasts 3 detached units on a well maintained lot. Each unitincludes washer dryer hookups as well as individual water heaters. Owner pays water. Tenants pay electric, gas, and trash. Two of three units come withparking spaces which may be reconfigured to accommodate all 3 units, if needed. The property is located in a high demand area in close proximity to DodgerStadium, Elysian Park, Silverlake Reservoir, and more! It is also a short drive to Downtown as well as Pasadena which provide a bountiful selection ofamenities, restaurants, and activities to partake in. Truly in the heart of Los Angeles!

Listing Agent

Bryce Cheng

Ko Tai Realty Brokerage Email: brycetcheng@gmail.com License #02048972 Listed on: 03/01/2025

Ko Tai Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1947

Lot Details

  • 7,417 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • South Facing Home
  • Chain Link Fence
  • Rectangular Lot
  • No Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • On-Street Parking
  • Off-Site Parking
  • Assigned Parking

Home Design

  • Triplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Plaster
  • Stucco

Interior Spaces

  • 3,170 Sq Ft Home
  • 2-Story Property
  • Awning
  • Panel Doors
  • Entrance Foyer
  • Living Room
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Tract Number 197
  • Assessor Parcel Number 5420036025
  • Seller Considering Concessions

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • YES

Recreation

  • Park
  • Hiking Trails

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $2,200
  • Insurance Expense $1,933
  • Other Expense $2,396
  • Professional Management Expense $5,700
  • Water Sewer Expense $1,653
  • New Taxes Expense $20,300
  • Operating Expense $34,182
  • Gross Income $96,770
  • Net Operating Income $70,697

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,723

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Park Name: YES
  • Professional Management Expense: 5700.00
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 1652.93
  • Zoning: R3-1VL
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2200.00
  • Parcel Number: 5420036025
  • Year Built: 1947
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood, Laminate, Concrete
  • Appliances: No
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 457.41
  • Room Type: Entry, Foyer, Main Floor Bedroom, Laundry, Living Room

Exterior Features

  • Direction Faces: South
  • Foundation: Slab, Raised
  • Exterior Features: Awning(s), Satellite Dish
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Glass, Drywall Walls, Stucco, Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Street, On Site, Off Site, Garage - Two Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Natural Gas Available, Electricity Connected, Cable Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central, Natural Gas, Floor Furnace, Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban, Sidewalks, Street Lights, Park, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, 2-5 Units/Acre, Sprinklers None, Lot 6500-9999
  • Lot Size Sq Ft: 7417.00
  • Lot Size Acres: 0.1703

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Sewer, Gas, Electricity

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1450 Square Feet
  • Gross Income: 96769.58
  • Gross Operating Income: 96769.00
  • Gross Scheduled Income: 91944.00
  • Insurance Expense: 1933.00
  • Lot Size Area: 7417.0000 Square Feet
  • Net Operating Income: 70697.07
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 2
  • Number With Carpet: 1
  • Number With Patio: 2
  • Operating Expense: 26072.51
  • Other Expense: 2396.00
  • Other Expense Description: Earthquake Insurance
  • Rent Control: Yes
  • Total Actual Rent: 91944.00
  • Total Expenses: 34181.93

Tax Info

  • New Taxes Expense: 20300.00
  • Tax Tract: 2848
  • Tax Tract Number: 197...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,723 $107,617 $33,132 $74,485
2023 $1,697 $105,508 $32,483 $73,025
2022 $1,632 $103,441 $31,847 $71,594
2021 $1,594 $101,414 $31,223 $70,191
2020 $1,600 $100,375 $30,903 $69,472
2019 $1,553 $98,408 $30,298 $68,110
2018 $1,459 $96,479 $29,704 $66,775
2016 $1,359 $92,734 $28,551 $64,183
2015 $1,343 $91,342 $28,123 $63,219
2014 $1,367 $89,554 $27,573 $61,981
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $1,450,000 0.0% $457 / Sq Ft
06/30/2025 06/30/25 Off Market $1,450,000 -- --
03/01/2025 03/01/25 For Sale $1,450,000 -- $457 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-21071

Pasadena-Foothills Association of REALTORS®

APN: 5420-036-025

California Los Angeles County Los Angeles 90026 Echo Park

1535 Baxter St, Los Angeles, CA

This home is located at 1535 Baxter St, Los Angeles, CA 90026 and is currently priced at $1,450,000, approximately $457 per square foot. This property was built in 1947. 1535 Baxter St is a home located in Los Angeles County with nearby schools including Elysian Heights Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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Nearby Homes
Listing Agent
Bryce Cheng
Section Image
Ko Tai Realty
(626) 757-4670