940 New Depot, Echo Park, CA 90012 | MLS #PW26074728 | Willis Allen Real Estate
 
  • 82 days on site
  • 0 views

Beautifully maintained 7-unit multifamily property located in the desirable Echo Park neighborhood of Los Angeles. The property features a well-designed unit mix with functional layouts, along with gated on-site parking and shared laundry facilities. The building has seen improvements over time, contributing to its overall condition and supporting continued tenant appeal and operational performance. One unit is currently available, offering an immediate rental opportunity. Echo Park is known for its scenic surroundings, vibrant character, and strong sense of community. The area offers a unique blend of natural beauty and urban convenience, highlighted by Echo Park Lake, tree-lined streets, and a diverse mix of dining, cafes, and local shops. Its central location provides easy access to Downtown Los Angeles, major transportation routes, and surrounding neighborhoods. This is an excellent opportunity to acquire a well-located multifamily asset in one of Los Angeles’ most sought-after neighborhoods with long-term growth potential.

Source: CRMLS, MLS#: PW26074728

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  • Property Type
    Commercial Sale
  • Lot
    0.14 acres

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  • Median Age
    35
  • Population Density
    11,312
  • College Educated
    40%
  • Estimated Median Income
    $49,905
  • Estimated Total Home Owners
    915
  • Estimated Total Renters
    12,643
  • Owner / Renter Divide
    7% / 93%
  • Estimated Average Household Size
    2
  • Total Population
    37,268
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 940 New Depot


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/8/2026Source: CRMLS Added to Database
April 08, 2026
Listing provided courtesy of eXp Realty of Southern Ca, IncSusie Achury- MLS# PW26074728MLS ProviderContact Information: [email protected] - 888-294-1415