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1947 Lake Shore Ave, Los Angeles, CA 90039
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1947 Lake Shore Ave Los Angeles, CA 90039

$1,360,000 Sold Price as of 03/29/2023
  • 4 Beds
  • 2 Baths
  • 1,518 Sq.Ft.
Sold
$1,360,000 Sold Price as of 03/29/2023 Refinance Your Mortgage
Map preview of 1947 Lake Shore Ave, Los Angeles, CA 90039

Property Overview: 1947 Lake Shore Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,518 living square feet and 6,278 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 8 minutes ago | Last updated: June 12th, 2023 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,278
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC23013464
City
Los Angeles
County
Los Angeles
Time on Site
478 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1947 Lake Shore Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 2
  • Flooring: Laminate
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Microwave, Water Heater
  • Quartz Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Quartz Counters, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage
  • No Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Hills, See Remarks
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5420004027
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks, Sewer Available, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: North at Glendale Blvd, Right on Berkeley Ave, Left on Lake Shore Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1947 Lake Shore Ave

Last leased for $3,500 on June 12th, 2023

  • June, 2023

  • Jun 12, 2023

    Date

    Leased

    CRMLS: DW23068534

    $3,500

    Price

  • Apr 24, 2023

    Date

    Active

    CRMLS: DW23068534

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 2 bedroom 1 bath 760 sq. ft. unit in one of the more derisible Silverlake/Echo park areas. This unit has been completely renovated with a nice size open kitchen with custom finishes and stainless steel appliances. The unit has a bright open concept floor plan with family room, dining and kitchen area. Central air & heat. Stackable washer/dryer located in the hallway (washer/dryer included) Incredible location just minutes to Dodger Stadium, Silverlake Reservoir, recreation center and dog park, whole foods, Red Lion, Bacari, Gingergrass and Alimento. This unit comes with ample storage area, 2 parking spaces, and plenty of street parking for guest. This is a must see! Please apply to schedule a showing.

  • March, 2023

  • Mar 29, 2023

    Date

    Sold

    CRMLS: OC23013464

    $1,360,000

    Price

  • Jan 27, 2023

    Date

    Active

    CRMLS: OC23013464

    $1,399,000

    Price

Show More

Tax History for 1947 Lake Shore Ave

Assessed Value (2020): $45,221
Year Land Value Improved Value Assessed Value
2020 $25,751 $19,470 $45,221

Home Value Compared to the Market

This property vs the competition

1947 Lake Shore Ave sold on March 29, 2023 for 17.56% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $921.61 per/sqft which puts the price per square foot 22.07% higher than the current median sale per square foot for the city of Los Angeles.

About 1947 Lake Shore Ave

Detailed summary of property

1947 Lake Shore Ave is a duplex that recently sold in Los Angeles, CA 90039. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,518 living square feet, and sits on an approximately 6,278 square foot lot. 1947 Lake Shore Ave was first listed on ArdentRealEstateGroup.com on January 27, 2023. The homeowner sold the property for $1,360,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.56% higher than the current median priced home. Local homes that are currently for sale include 2751 Partridge Ave, 1922 Santa Ynez St and 2339 Birkdale St. While the average home in Los Angeles, CA is selling in 92 days, 1947 Lake Shore Ave has a days on market of 26 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1947 Lake Shore Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1947 Lake Shore Ave

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
1,518
Lot Size
6,293
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5420-004-027

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,695,000
Median List Price/Sq.Ft.
$910
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
50
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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