Sunset Reset: Flying Horse Investments Acquires Echo Park Retail Corner in One of L.A.’s Most Dynamic Corridors

Los Angeles, CA - March 31, 2026 - Flying Horse Investments ("FHI"), in partnership with Canyon Crest Ventures, has acquired an 8,732-square-foot neighborhood retail center located at 2501 West Sunset Boulevard in the heart of Echo Park. The property, to be rebranded as Echo on Sunset, was acquired for $5.2 million.

The asset has been owned by the same family for nearly 25 years and was marketed as part of a broader portfolio liquidation. Through an established broker relationship, the sponsorship group secured the opportunity prior to broad market exposure and at a basis significantly below recent comparable sales along the Sunset Boulevard corridor.

Positioned on the signalized northwest corner of West Sunset Boulevard and North Coronado Street, the property features six retail suites and 25 on-site parking spaces, including a surface lot and subterranean garage, an increasingly rare amenity in the submarket. The surrounding Echo Park and Silver Lake neighborhoods are widely regarded as among Los Angeles' most dynamic retail corridors, characterized by dense residential populations, strong foot traffic, and a highly curated mix of food, fashion, and creative retail concepts.

"Echo on Sunset represents a rare opportunity to acquire a well-located neighborhood retail asset at an attractive basis in one of Los Angeles' most supply-constrained submarkets. We're thrilled to partner with Jonah, whom we've known for several years," said Eric Shulman, Managing Principal of FHI.

"With strong underlying demand and limited availability of quality retail space, we see a clear path to reposition the property into a highly curated, community-serving destination," added Jonah Garb of Canyon Crest Ventures.

The property is currently 83% occupied, with in-place rents significantly below prevailing market levels and all leases scheduled to expire in late 2026. FHI plans to implement a targeted capital improvement program focused on façade enhancements, signage upgrades, and activation of outdoor spaces, alongside a strategic leasing initiative aimed at resetting rents to market and introducing a complementary mix of tenants.

A vacant 1,516-square-foot second-generation restaurant space fronting Sunset Boulevard provides an immediate lease-up opportunity, with strong interest already observed from prospective tenants. The combination of near-term leasing upside and mark-to-market potential across the existing tenant base positions the asset for meaningful value creation.