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… Read More 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. Read Less
Courtesy of Marcus & Millichap 310-909-5500
Listing Snapshot
Days Online
114
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,302
Lot Size
0.23 Acres
Year Built
1903
MLS Number
24-440771
30 Days Snapshot Of 90039
$1,498k
-11%
(avg) sold price
9
0%
homes sold
62
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,302 sq ft, Built in 1903, Levels: Multi/Split, Two
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
