1922 Lake Shore Avenue

Los Angeles CA 90039

2302 sq. ft.

9999 sq. ft.

Other

Last sold for $1,225,000

Sean Rosenzweig, last sold this property on 21 May 2025 after 411 days on market.

Overview

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. 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. There is 27% 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.

Features

4 bedrooms

4 bathrooms

3 carspaces

2302 sq. ft. floor area

9999 sq. ft. lot size

Other

Estimated Value

Based on this property and similar 4 bedroom other properties sold in Los Angeles over the last 12 months, the estimated median property value of 1922 Lake Shore Avenue is $1.25m.

Median value

$1.25m

Estimated value range

$953k - $1.5m

Median days on market

Estimated value trend

increase 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.

Property history for 1922 Lake Shore Avenue

2025

Sold

$1,225,000

21 May 2025 by Sean Rosenzweig, of Marcus & Millichap

2024

Rented

Undisclosed

06 Jun 2024 by Compass

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.