1922 Lake Shore Av,
Los Angeles, CA 90039
在售房 $1,495,000 ($149.5萬)
卧室: 4 浴室: / 其他類型
房屋信息

其他類型

2302平方英呎
(214平方米)

9999 平方英呎
(929平方米)

1903 年

2

3 停車位

2024年04月04日
已上市 39 天

地產編號: 24376363
所處郡縣: LA
面積單價:$649.44/sq.ft ($6,991 / 平方米)
車位類型:NO
房屋簡介

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. One unit will be delivered vacant allowing new ownership to immediately renovate and rent the unit out for a market rental rate. There is 24% 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.

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