For Sale
Echo Park, CA
Commercial Real Estate Market Trends & Data
$459
Avg asking sale price
$558
Avg asking lease rate
61,822 SF
Avg unit lease size
33,611 SF
Avg building size for sale
6.12%
Average cap rate
Echo Park's Demographic Profile
Echo Park has 12,014 households and a median income of $80,064, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 29,479 |
| # Households | 12,014 |
| Median age | 39 |
| Median household income | $80,064 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 8,477 |
| 5-year population change | -3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Echo Park, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Silver Lake | $610 | 12,597 SF | 6.48% |
| Lincoln Heights | $548 | 47,641 SF | 7.00% |
| Griffith | $934 | 6,421 SF | 5.09% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Echo Park | $321 | 33,699 SF | 3.60% |
| Silver Lake | $451 | 18,957 SF | 3.60% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Echo Park | $555 | 10,108 SF |
| Silver Lake | $763 | 10,941 SF |
| Lincoln Heights | $555 | 4,082 SF |
| Glassell Park | $668 | 4,878 SF |
| Griffith | $773 | 6,835 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Echo Park | $479 | 17,605 SF | 9.00% |
| Silver Lake | $782 | 17,935 SF | 7.68% |
| Lincoln Heights | $371 | 12,647 SF | 9.00% |
| Glassell Park | $424 | 18,708 SF | 9.00% |
| Griffith | $526 | 20,322 SF | 7.50% |
Commercial Properties For Sale in Echo Park
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Echo Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Echo Park | $459 | 33,611 SF |
| Silver Lake | $627 | 13,910 SF |
| Lincoln Heights | $498 | 25,343 SF |
| Glassell Park | $760 | 20,200 SF |
| Griffith | $756 | 29,635 SF |
Multifamily Properties For Sale in Echo Park
For Sale
Regional Demographic Comparison
This comparison places Echo Park alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Echo Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Echo Park | 29,479 | 12,014 | 39 | $80,064 | 2 | 8,477 | -3% |
| Silver Lake | 31,428 | 14,505 | 41 | $101,347 | 2 | 9,529 | -3% |
| Lincoln Heights | 32,862 | 10,473 | 39 | $57,882 | 3 | 7,305 | -6% |
| Glassell Park | 40,439 | 14,091 | 41 | $87,050 | 3 | 7,228 | -4% |
| Griffith | 26,605 | 11,038 | 42 | $101,880 | 2 | 6,040 | -4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Echo Park, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Echo Park
View All Commercial Real Estate For Sale in Echo Park
Is Echo Park a good market for a first-time commercial real estate investor?
Echo Park offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Echo Park?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Echo Park. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Echo Park?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Echo Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Echo Park compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Echo Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Echo Park acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Echo Park, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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