I just showed a property in Echo Park to a client of mine.  It is a new, loft-style condo development on a busy street, but it has tremendous views. (You can see the Hollywood sign top left and Griffith Park Observatory just below and to the right)

Every time I visit Echo Park I  am reminded of its uniqueness.  There are so many different neighborhoods and architectural styles, from mid-century modern, and craftsman, to the modern, and the area is a veritable melting pot of cultures.

Its proximity to Downtown Los Angeles and  Burbank, and Universal City makes Echo Park a desirable area for entertainment people and young professionals.  Once the poor cousin to trendy Silver Lake and Los Feliz, it is becoming more and more upscale.  
Echo Park is still one of the more affordable areas of Los Angeles, so if you are looking for a home with a more suburban feel but with quick access to everything, then this is an area you should consider. 

The median home prices rose 48% over the past year to $719,000 and the average days properties are remaining on the market has dropped by 37%.

The school district is Los Angeles Unified and you can use School Finder to check out the local schools.