Echo Lake Apartments Sells for $7.3M in Los Angeles

Reported Oct 26, 2026 · Source: YieldPro

Source: YieldProRead the full report at YieldPro ↗

Deal details

Buyer
a high-net-worth family
Seller
a private asset management company (Marcus & Millichap listed it for the seller)
Price
$7.35M
Size
36 units; 13,584 SF
Price per unit
$204,167 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Central LA (Downtown / Hollywood / Wilshire)
Metro
Los Angeles (incl. OC & Inland Empire)
Reported date
Oct 26, 2026

Summary

The buyer was a high-net-worth family. Rosenzweig and Josh Zimmerman, investment specialists in Marcus & Millichap’s Los Angeles office, had the exclusive listing to market the property on behalf of the seller, a private asset management company. Source: YieldPro.

Summarized from the article; the quoted lines below are from the article itself.

Source: YieldPro

Read the full report at YieldPro. What the article says:

  • Deal / Price / Size
    Marcus & Millichap Arranges $7.35M Sale of 36-Unit Multifamily Property in Los Angeles Echo Lake Apartments
  • Deal
    Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of Echo Lake Apartments, a 36-unit multifamily property located at 1717 1725 Park Ave. in Los Angeles.
  • Buyer
    The buyer was a high-net-worth family.
  • Seller
    Rosenzweig and Josh Zimmerman, investment specialists in Marcus & Millichap’s Los Angeles office, had the exclusive listing to market the property on behalf of the seller, a private asset management company.
  • Size
    Built in 1958, the 13,584-square-foot property is situated on 0.44 acres and consists of 18 studio and 18 one-bedroom apartments across two buildings.

Article date: 2026-10-26T16:31:40+00:00

Frequently asked questions

How much did Echo Lake Apartments sell for?
The reported price is $7.35M, per YieldPro.
When was this sale reported?
Reported Oct 26, 2026 by YieldPro.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.