Est. cap rate

1.8%

Assumed rent, all units

$4,620/mo

Units

2

Price per unit

$750,000

Est. annual NOI

$27,720

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,224 sqft

Lot size

5,002 sqft

Year built

1929

Stories

2

Garage spaces

3

Pool

None

Status

Active

Days on market

2

MLS #

242991733

About this property

LOCATION & NEIGHBORHOOD Perched high on a quiet hillside street in Elysian Heights — one of LA’s most sought-after enclaves — 1919 Scott Ave commands sweeping views across the Echo Park basin and beyond. You’re close to the beloved trails of Elysian Park, minutes from the restaurants and coffee shops of Echo Park and Silver Lake, and a short drive to DTLA, Los Feliz, and Atwater Village. The neighborhood is a magnet for artists, architects, and creative professionals who value character-filled streets and community feel. ARCHITECTURE & CHARACTER The building is a love letter to 1920s Spanish Revival design — arched entryways, ornate wrought-iron security gates, terracotta tile accents, and multi-pane wood-framed windows throughout. The three-story tower element rising from the rear is dramatic and distinctive, crowned with arched picture windows that flood the upper level with natural light and frame panoramic views of the hillside cityscape. At street level, three tandem garages and a tiered concrete staircase lead the eye upward, reinforcing the vertical drama that makes this property a neighborhood landmark. GROUNDS & OUTDOOR SPACE The property is a botanical wonderland. Giant blue agave, towering prickly pear cactus, succulents, flowering natives, and climbing vines cascade across every terrace and hillside bed. A brick-lined garden path winds through lush plantings along the side yard, where raised planting beds, terra cotta pots, and mature pine and palm trees create a private, almost otherworldly setting. The rear yard extends the garden further — a wide canvas of mature trees, wildflowers, and desert plants that feels far removed from the urban grid below. THE OPPORTUNITY With LARD2 zoning, two separate units totaling 2,224 SF of living space, three garage bays, and a 5,000 SF lot, the income and owner-user potential here is exceptional. Live in one unit and rent the other, or hold a rare multi-family asset in one of LA’s most desirable zip codes.

Location

1919 Scott Avenue

Los Angeles, Los Angeles, CA, 90026