1922 Lake Shore Avenue
Los Angeles, CA 90039
- 4 beds
- ā baths
- 2,302 sqft
- 9,999 sqft lot
- $605 per sqft
- 1903 build
- 203 days 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# CL24440771 ā
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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Building Area Units:Square Feet
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Building Area Total:2302
Room Dimensions
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Living Area:2302
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Living Area Units:Square Feet
Location
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Directions:East of Alvarado Street & South of Baxter Street
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:5420010015
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Zoning:LAR1
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Lot Size Area:0.23
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Lot Size Acres:0.23
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Lot Size SqFt:9999
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (213) 943-1897
Beds
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Bedrooms Total:4
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:3
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Parking Features:None
Walk ScoreĀ®
Provided by WalkScoreĀ® 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 (Walkerās Paradise).
Bike ScoreĀ®
Provided by WalkScoreĀ® 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 (Bikerās Paradise).
Transit ScoreĀ®
Provided by WalkScoreĀ® 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 (Riderās Paradise).
Soundscoreā¢
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).
Max Internet Speed
Provided by BroadbandNowĀ®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/25/25
Jan 25, 2025
|
Relisted | BRIDGE | $1,395,000 | |
|
1/2/25
Jan 2, 2025
|
Pending | BRIDGE | $1,395,000 | |
|
11/13/24
Nov 13, 2024
|
Price Changed | BRIDGE | $1,395,000 | -6.7% |
