1947 Lake Shore Avenue, Los Angeles, CA 90039

About this duplex

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.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$1,360,000

Sold March 2023 · listed $1,399,000, on market January 2023 · MLS #OC23013464 · Source: CRMLS

Listing Agent: Brian Noh · Listing Office: Nohco Real Estate · Contact: 9493085775 · Bought with: Nicholas Mauro · Realty Executives Com. & Res.

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