1537 Lake Shore Ave

Los Angeles CA 90026

1069 sq. ft.

3200 sq. ft.

Other

Last sold for $1,575,000

Emmanuel Xuereb, last sold this property on 04 May 2022 after -2 days on market.

Overview

Imagine two homes on a lot, each with their own idyllic private outside oasis, stylish and hip renovations, all just a short walk to everything Echo Park, and Silver Lake. You can live in one of the units and enjoy the high income these very unique desirable bungalows attract. Designed and recently having undergone a dramatic overhaul by Hermitage LA Design, blending the Echo Park aesthetics, vibe, and sensibilities, including beautiful acacia wide plank wood flooring. The sellers absolutely love this enchanted duplex. Each unit has its own address, and is very different from the other, and have their own W/D, air conditioning and heating, as well as a large storage area. The upper home even has its own converted garage that can be used as a studio space or office, great groovy outdoor lounging areas as well as its own private parking. The lower home has an inspiring outdoor indoor feel with 2 French doors opening to the magical garden, giving onto two open sides, because of the corner property. They both have a surprisingly private feel, especially being located in such a vibrant neighborhood as Echo Park, and so close to so much life, creativity, great stores, cafes, restaurants and bars. You may even ditch the car, you won't need it here. These homes attract very interesting people because of how unique and magical they are. Not only you, who will own it soon, but your tenants as well. This is a great 1031 Exchange opportunity. Photos are not of actual present look of units, but are previous owner's, and Hermitage LA Design staging.

Features

1 carspace

1069 sq. ft. floor area

3200 sq. ft. lot size

Other

Estimated Value

Based on this property and similar other properties sold in Los Angeles over the last 12 months, the estimated median property value of 1537 Lake Shore Ave is $1.3m.

Median value

$1.3m

Estimated value range

$400k - $7.8m

Median days on market

Estimated value trend

-3%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.