• Single Family Home
  • Recently Sold
  • Residential
1947 Lake Shore Ave,
Los Angeles, CA 90039

Price

$1.36M

Beds

4

Baths

2

Property Size

1,518 sqft

Buildl Block investment strategy

Type

SINGLE FAMILY HOME

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.

Property Type

Single Family

Bedroom

4

Bathroom

2

Year Built

1928

Property Size

1,518 sqft

Lot Size

6,278 sqft

Parking

2 Garage spaces

Heating

Central

Cooling

Central Air

School Name Rating
Grades : K-6 Clifford Street Elementary School 8 / 10
Grades : 6-8 Thomas Starr King Middle School 6 / 10
Grades : 9-12 Belmont Senior High School 2 / 10

Date Event Price
2023-03-29 Sold 1,360,000
2023-02-23 Pending sale 1,399,000
2023-01-27 Listed for sale 1,399,000
2022-10-18 Sold 940,000

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