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1323 Lilac Ter Los Angeles, CA 90026
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Key Details
Sold Price $1,735,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,667 sqft
Price per Sqft $473
MLS Listing ID 25567417
Bedrooms 7
Year Built 1925
Lot Size 6,890 Sqft
Property Sub-Type Multi-Family
Property Description
Ideally located in one of LA's hippest neighborhoods, this newly renovated and expanded quadruplex offers a rare opportunity to own a high-quality, income-producing property with breathtaking views of Downtown Los Angeles. Built in 2019, the modern 4-story front duplex, with a 2-car garage, sits privately behind lush hedges and features a welcoming front courtyard. The lower unit is a stylishly designed 1 bedroom with a full bath, perched above a 2-car garage; complete with exposed concrete floors, open-concept living, in-unit laundry, and a dedicated sleeping area. Above it, the expansive two-story top-floor unit with 1 bedroom, 1 bathroom impresses with soaring two-story ceilings and an abundance of natural light. This stunning space includes a spacious open floor plan, engineered hardwood floors, a sleek guest bath, in-unit laundry, and a chef's kitchen outfitted with premium Viking appliances. Upstairs, a primary bedroom, an ensuite spa-like bath, and a separate glass-enclosed office overlook the main living area. Private exterior stairs lead to an incredible rooftop deck with jaw-dropping panoramic views of DTLA and Sunset Blvd. Both front units are tenant-occupied - Upper Unit (1325 1/2) is rented at $4,000/month, and the Lower Unit (1323 1/2) is rented at $2,200/month. Tucked behind the front building, the original 1925 rear duplex delivers quaint charm and privacy. Situated on the right rear side of the property, Unit 1323 features 3 bedrooms, 2 bathrooms, hardwood floors, an updated bath, a shady front porch, and an additional storage space/laundry room below the main living area. Unit 1325 sits just to the left with 2 bedrooms, 2 baths, its own side entry, a hidden front porch, a private back patio, and a spacious storage space below the main living area. Delivered fully vacant, this rear duplex offers excellent upside potential. Projected market rents are $4,000/month for the 3BD (#1323) and $2,500/month for the 2BD (#1325). Just steps from the Elysian Park trails and blocks from the vibrant Sunset Blvd scene, this location offers unbeatable accessibility - grab your morning coffee at the new Goop Kitchen, a mid-afternoon slice at Quarter Sheets, and meet the gang for drinks and a band at Little Joy in the evening, all without getting in your car. With high demand, modern amenities, and immediate rental upside, this is a unique opportunity to own a stylish, income-generating property in one of the Eastside's most desirable neighborhoods.
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Central, Wall/Window
Equipment Washer, Dryer, Refrigerator, Dishwasher, Range/Oven
Laundry In Unit, Laundry Area, Other
Exterior
Parking Features Garage - 2 Car, Driveway - Concrete, Private, Gated
Garage Spaces 7.0
Pool None
Building
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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