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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:19 AM UTC

 

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