1922 Lake Shore Avenue
Los Angeles, CA 90039
- – beds
- – baths
- – sqft
- 9,999 sqft lot
- 1903 build
- – on site
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.
Last checked:
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Last updated Jan 28, 2025
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MLS# 24440771 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1903
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2302.00
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Total Number Of Units:3
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# of Buildings:2
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Stories Total:2
Interior
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Levels:Multi/Split, Two
Location
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Directions:East of Alvarado Street & South of Baxter Street
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Latitude:34.08834300
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Longitude:-118.25499600
The Property
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Property Type:Residential Income
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Zoning:LAR1
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Lot Size Area:9999.0000
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Lot Size Acres:0.2295
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Lot Size SqFt:9999.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5420010015
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
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Parking Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/24/25
Jan 24, 2025
|
Relisted | CRMLS_CA | $1,395,000 | |
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1/2/25
Jan 2, 2025
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Pending | CRMLS_CA | $1,395,000 | |
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11/12/24
Nov 12, 2024
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Price Changed | CRMLS_CA | $1,395,000 | -6.7% |
