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1922 Lake Shore Ave Los Angeles, CA, 90039
$1,495,000 Home for sale 4 beds 2,302 sqft
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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Property details
2,302 sqft interior area
Property type
Home
Interior area
2,302 sqft
Land area
10,018 sqft (0.23 acres)
Price per sqft
$649/sqft
Days on Verhouse
41
Address
1922 Lake Shore Ave, Los Angeles, CA, 90039
City of California
Los Angeles
County
Los Angeles
nr.of parking places
3
Year Built
1903
District
Listing
Open Houses
No upcoming open houses
Interior Features
3 parking places
Beds
4
Parking
3
Garage & Parking
None
Listed by
Sean Rosenzweig, Marcus & Millichap
Name
Sean Rosenzweig
License number
01406343
Brokerage company
Marcus & Millichap
MLS #
CL24376363
Payment calculator
Calculate your monthly payments
Mortgage
$4,590
Taxes
$0
HOA dues
$0
Mortgage
$299,000 / 20%
2.28%
30 years
Your amount
$4,590 / month
Lot details
TMK #5420010015
Parcel nr.
5420010015
90039 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90039
39%
Families with children
National average: 39%
50%
Non family households
644,689
Population
$71,232
Average Income
Age & gender
Median age 36 years
More info
Commute types
67% commute by car
More info
Education level
24% have bachelor education
More info
Number of employees
1% work in retail trade
More info
Vehicles available
46% have 1 vehicle
More info
Vehicles by gender
46% have 1 vehicle
More info
Housing market insights for
$1.26m
Neighborhood average
sales price*
sales price*
$1.05m
Neighborhood median
sales price*
sales price*
546
Number
of sales*
of sales*
Housing type
34% are apartments
More info
Rooms
36% of the houses have 2 or 3 rooms
More info
Bedrooms
43% have 2 or 3 bedrooms
More info
Owners vs Renters
78% are renters
More info
15 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Apr 4, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 4, 2024 | Price Decrease | $2,745 -1.79% | 4.1 | MLS #CRSR24054133 |
| Apr 4, 2024 | New Listing | $1,495,000 | 649.44 | MLS #CL24376363 |
| Mar 18, 2024 | New Listing | $2,795 | 4.17 | MLS #CRSR24054133 |
Taxes of 1922 Lake Shore Ave, Los Angeles, CA, 90039
LAR1 zoning / MLS #CL24376363
Zoning
LAR1
Agent viewpoints of 1922 Lake Shore Ave, Los Angeles, CA, 90039
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Frequently Asked Questions about 1922 Lake Shore Ave
What is 1922 Lake Shore Ave?
1922 Lake Shore Ave, Los Angeles, CA, 90039 is a single family home located in the city of Los Angeles, California with zipcode 90039. This single family home has 4 bedrooms with an interior area of 2,302 sqft.
Which year was this home built?
This home was build in 1903.
What is the full address of this Home?
1922 Lake Shore Ave, Los Angeles, CA, 90039.
Are grocery stores nearby?
The closest grocery stores are Vons 3263, 0.7 miles away and Circle H Market, 0.99 miles away.
What is the neighborhood like?
The 90039 zip area has a population of 644,689, and 39% of the families have children. The median age is 36.1 years and 67% commute by car. The most popular housing type is "apartment" and 78% is renter.
Based on information from the bridgeMLS as of 05-14-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 12, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Vons 3263, 0.7 miles away and Circle H Market, 0.99 miles away.
The 90039 zip area has a population of 644,689, and 39% of the families have children. The median age is 36.1 years and 67% commute by car. The most popular housing type is "apartment" and 78% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
