Pending
1922 Lake Shore Avenue
Los Angeles CA, 90039
$1,395,000
$605.99 per sqft
Pending
4 Beds
4 Baths
2,302 sqft
Residential
Built in 1903
Listed by Sean Rosenzweig with Marcus & Millichap 213-943-1897
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a three-unit apartment community located at 1922-1924.5 Lake Shore Avenue. The subject property is located east of the Glendale Freeway and north of Sunset Boulevard. The property is located in Elysian Heights, which is typically characterized as being part of Echo Park & near Silver Lake. This submarket's popularity has grown significantly over recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With rent growth and developments in the area, the location has been catering to families, young professionals and artists alike in recent years. The property is situated on a large 9,999 square foot parcel and is comprised of two one-bedroom units and one two-bedroom unit. There is 27% remaining rental upside that new ownership can capture through interior renovations. Taking into consideration the desirable location and remaining value-add components, 1922-1924.5 Lake Shore Avenue is well suited to provide investors with healthy returns and long-term appreciation potential.
24440771
MLSⓇ ID
September 17, 2024
Listed
January 14, 2025
Updated
Map
1922 Lake Shore Avenue
Los Angeles CA, 90039
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.23 Acres
Other Property Details
Area Name
C21 - Silver Lake - Echo Park
Days on Market
107
Garage
No
Parking
None
Parking Total
3
View
No
County
Los Angeles
Pool
No
Zoning
LAR1
Listing History
Date | Event | Price |
|---|---|---|
1/2/2025 | Pending | — |
11/12/2024 | Price change | $1,395,000 -7% |
Listing Contact: 310-909-5500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/14/2025. 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 1/14/2025 at 2:17 AM UTC