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Rare investment property offering current income-producing units with tremendous development opportunity. 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.
| DAYS ON MARKET | 4 | LAST UPDATED | 3/13/2026 |
|---|---|---|---|
| TRACT | Not Applicable | YEAR BUILT | 1959 |
| COMMUNITY | 623 - Glassel Park | GARAGE SPACES | 3.0 |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 623 - Glassel Park |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 0.3338 acre(s) |
| LOT DIMENSIONS | 14540 |
| PARKING | Garage, On Site |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Not Applicable |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/16/26 10:21 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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