Sold
1947 Lake Shore Avenue
Los Angeles CA, 90039
$1,360,000
$895.92 per sqft
Sold
4 Beds
2 Baths
1,518 sqft
Multi-family
Built in 1928
Listed by Brian Noh with Nohco Real Estate 213-804-7647
Live in One and Rent the other! An incredible opportunity to acquire a fully vacant and newly remodeled duplex property in the Silverlake/Echo Park neighborhood of Los Angeles. The property is comprised of (2) side by side 2 bed/1 bath units that have been recently updated with new roof, new laminate flooring, new kitchen w/ stainless steel appliance, new bathroom, central air/heat, washer/dryer hookups in both, and much more with direct access to the backyard. It offers an owner occupier or investor tremendous flexibility to Live, Work, and Rent in a pride of ownership building in a high rental demand area of Echo Park. Built in 1928, this Spanish style property is approximately 1,518sf on an almost 6,294sf hillside lot with a detached garage that's been spilt into extra storage or usable space. There is potential to convert garage structure into ADU for additional income. The entire property will be delivered vacant for immediate occupancy, allowing for a new owner to move tenants in immediately at market rents ($3,800/mo). Prime Location in Echo Park & Silverlake, near Dodgers Stadium, Echo Park Lake, Sunset Blvd, Freeways, and DTLA.
OC23013464
MLSⓇ ID
January 27, 2023
Listed
March 23, 2024
Updated
Map
1947 Lake Shore Avenue
Los Angeles CA, 90039
Interior Features
Total Stories
1
Bedrooms
4 Beds
Bathrooms
2 Baths
Interior Features
Quartz Counters, Recessed Lighting
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Water Heater
Laundry Description
Washer Hookup, Gas Dryer Hookup
Floor Description
Laminate
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
2-5 Units/Acre, Back Yard, Lawn, Landscaped
Architectual Style
Spanish
Sewer
Public Sewer
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
C21 - Silver Lake - Echo Park
Days on Market
26
Garage
Yes
Garage Spaces
2
Parking
Driveway, Garage
Parking Total
2
View
Yes
View Description
City Lights, Hills
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR1
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
5/18/2023 | Sold | $1,360,000 |
Listing Contact: 213-804-7647
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:19 AM UTC