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221 Lake Shore Terrace, Los Angeles, CA 90026
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221 Lake Shore Terrace Los Angeles, CA 90026

$965,000 Sold Price as of 08/12/2022
  • 5 Beds
  • 3 Baths
  • 1,810 Sq.Ft.
Sold
$965,000 Sold Price as of 08/12/2022 Refinance Your Mortgage
Map preview of 221 Lake Shore Terrace, Los Angeles, CA 90026

Property Overview: 221 Lake Shore Terrace Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,810 living square feet and 4,773 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Situated in the heart of hip and exciting Echo Park, a neighborhood rich with history and mere minutes from L.A.'s favorite attractions: 1.5 miles from Dodger Stadium, 3.1 miles from DTLA, and 3.8 miles from Griffith Park, among others. This three-unit property is brimming with character and includes a detached three bed/ one bath home, and a charming duplex hosting one bedroom/ one bathroom per unit. At present, one unit in the duplex is available, very clean, and ready for living or renting at current market value. The two occupied units are month to month. All three units are on separate utility meters. Laundry is on-site. Spectacular views of the DTLA skyscape can be seen from the front windows. Features listed are highlighting Unit 223 1/2.

Listed by Robert Giambalvo | BRE #01955817 | Redfin Corporation
Last checked: 13 minutes ago | Last updated: July 5th, 2023 | Source CRMLS | DOM: 146

Home details

Lot Sq. Ft
4,773
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PF22019725
City
Los Angeles
County
Los Angeles
Time on Site
831 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $952
  • Total Rent: $952
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $822
  • Water/Sewer: $2,388

Virtual Tour

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Property Details for 221 Lake Shore Terrace

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Common Area, Individual Room, Outside
Room Information
  • Flooring: Tile
  • All Bedrooms Down, Master Bedroom
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Balcony, Block Walls, Copper Plumbing Full
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block, Good Condition, Security, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Rear, Garage - Two Door, Gated, Off Street, On Site
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood, Panoramic
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5159017005
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Between Glendale Blvd and N Union Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Horse Trails, Park, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 221 Lake Shore Terrace

Last leased for $1,925 on June 1st, 2023

  • June, 2023

  • Jun 1, 2023

    Date

    Leased

    CRMLS: 22224695

    $1,925

    Price

  • Dec 19, 2022

    Date

    Active

    CRMLS: 22224695

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    1 bed / 1 bath. Recently remodeled. One layer unit. Hardwood floors. Nice dining area. Formal living room. The fridge and stove included. Private small balcony. 2 parking spaces (tandem). No washer or dryer in the unit. Laundromats 5 minutes walking distance. The tenant pays for gas and power. Excellent area. 5 minute's drive to take the 101 and 110 Freeways. Walk distance to Echo Park Lake and Tennis Courts. Additional deposits for small pets.

  • August, 2022

  • Aug 12, 2022

    Date

    Sold

    CRMLS: PF22019725

    $965,000

    Price

  • Feb 5, 2022

    Date

    Active

    CRMLS: PF22019725

    $975,000

    Price

  • January, 2022

  • Jan 26, 2022

    Date

    Canceled

    CRMLS: 22117219

    $975,000

    Price

  • Jan 10, 2022

    Date

    Active

    CRMLS: 22117219

    $968,000

    Price

  • Listing provided courtesy of CRMLS

    PRICED TO SELL ! Amazing opportunity to own this 3 units with two car garage property centrally located one block west of Glendale Blvd and three blocks north of Beverly Blvd in the heart of Los Angeles. Triplex - 1) unit is two bedrooms and one bath. 2 & 3) units are one bedroom and one bath each. Front one bedroom and one bath, 1 unit delivers vacant and the property will be sold with tenants in place. Roof was replaced within the past 10 years and Copper plumbing. This property has great potential given the R3 Zoning. Inside showing with accepted offer only. Silverlake / Echo Park / Downtown location ! Easy access to the Hollywood (101) and Harbor (110) Freeways. Also, adjacent to Westlake and Angelino Heights. Minutes from Music Center, Mark Taper Forum, and much more !

  • January, 2022

  • Jan 10, 2022

    Date

    Canceled

    CRMLS: 21103241

    $975,000

    Price

  • Nov 8, 2021

    Date

    Active

    CRMLS: 21103241

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own this 3 units with two car garage property centrally located one block west of Glendale Blvd and three blocks north of Beverly Blvd in the heart of Los Angeles. Triplex - 1) unit is two bedrooms and one bath. 2 & 3) units are one bedroom and one bath each. Front one bedroom and one bath, 1 unit delivers vacant and the property will be sold with tenants in place. Roof was replaced within the past 10 years and Copper plumbing. This property has great potential given the R3 Zoning. Inside showing with accepted offer only. Silverlake / Echo Park / Downtown location ! Easy access to the Hollywood (101) and Harbor (110) Freeways. Also, adjacent to Westlake and Angelino Heights. Minutes from Music Center, Mark Taper Forum, and much more !

  • November, 2021

  • Nov 8, 2021

    Date

    Canceled

    CRMLS: 21785896

    $1,249,000

    Price

  • Sep 20, 2021

    Date

    Active

    CRMLS: 21785896

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own this 3 units with two car garage property centrally located one block west of Glendale Blvd and three blocks north of Beverly Blvd in the heart of Los Angeles. Triplex - 1) unit is two bedrooms and one bath. 2 & 3) units are one bedroom and one bath each. Front one bedroom and one bath, 1 unit delivers vacant and the property will be sold with tenants in place. Roof was replaced within the past 10 years and Copper plumbing. This property has great potential given the R3 Zoning. Inside showing with accepted offer only. Silverlake / Echo Park / Downtown location ! Easy access to the Hollywood (101) and Harbor (110) Freeways. Also, adjacent to Westlake and Angelino Heights. Minutes from Music Center, Mark Taper Forum, and much more !

  • August, 2010

  • Aug 27, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2010

  • Jan 19, 2010

    Date

    Sold (Public Records)

    Public Records

    $181,000

    Price

Show More

Tax History for 221 Lake Shore Terrace

Assessed Value (2020): $213,622
Year Land Value Improved Value Assessed Value
2020 $153,431 $60,191 $213,622

Home Value Compared to the Market

This property vs the competition

221 Lake Shore Terrace sold on August 12, 2022 for 18.07% lower 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 $538.67 per/sqft which puts the price per square foot 28.65% lower than the current median sale per square foot for the city of Los Angeles.

About 221 Lake Shore Terrace

Detailed summary of property

221 Lake Shore Terrace is a triplex that recently sold in Los Angeles, CA 90026. This triplex offered 5 bedrooms, 3 bathrooms, roughly 1,810 living square feet, and sits on an approximately 4,773 square foot lot. 221 Lake Shore Terrace was first listed on ArdentRealEstateGroup.com on February 5, 2022. The homeowner sold the property for $965,000. 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 18.07% lower than the current median priced home. Local homes that are currently for sale include 1242 Lilac Pl, 406 N Rampart Blvd and 2733 Council St. While the average home in Los Angeles, CA is selling in 94 days, 221 Lake Shore Terrace has a days on market of 146 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 221 Lake Shore Terrace Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 221 Lake Shore Terrace

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
1,810
Lot Size
4,772
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5-7
APN
5159-017-005

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

Thinking of Selling?

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Recently Sold Homes Near 221 Lake Shore Terrace

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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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