834 Laguna Ave 4 Unit Apartment Building $1,758,610 CAD ($439,653 CAD/Unit) 5.19% Cap Rate Los Angeles, CA 90026

834 Laguna Avenue is a rare Echo Park opportunity — two detached duplexes on a single 4,034 SF lot, comprising two studios and two one-bedroom units across 1,520 SF of 1925 character construction. Two units deliver vacant at close of escrow, giving the incoming investor immediate ability to set market rents and select tenants. No displacement. No friction. Stabilization within a single lease cycle.
Two seasoned tenants anchor the in-place cash flow: one month-to-month since 2022, one leased through July 2026. Coin-operated laundry generates supplemental income. Financials are underwritten conservatively — reassessed property tax and professional management fee applied. Actual NOI $67,211 | Pro Forma NOI $74,422 | 5.75% pro forma cap at $1,295,000.

Situated within the Silver Lake–Echo Park HPOZ, the property benefits from a designation that limits overdevelopment and protects the neighborhood scale driving sustained rental demand. Echo Park's renter profile — urban, professionally employed, design-conscious — produces among the lowest vacancy rates in Los Angeles. Detached multifamily of this vintage and configuration rarely trades. OM available upon request.