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1303 Lilac Terrace

Los Angeles, CA 90026
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Bed 0

Bed

Bath 0

Bath

SqFt5,975

Sqft

SqFt21,718

Sqft(Lot)

A great investment opportunity awaits you at 1303 Lilac Terrace in the Echo Park area of Los Angeles. This quiet area is rapidly growing & gentrifying in Northeast LA adjacent to Dodger Stadium & Silverlake. The property sits on a large half acre lot of 21,717 square feet and consists of 10 bungalow individual buildings. There are 9- 1bed/1bath units and 1- 2bed/1bath unit each with a living room in separate Spanish styled Bungalows totaling 5975 Sq. Ft. of living space. Many of the bungalows have private fenced front yards. 8 of the bungalows have their own basement and laundry. All buildings have original oak hardwood flooring, tiled kitchen counters and $50,000 was spent on the remodeling of the bungalows. All units are separately metered for gas & electricity and trash which are paid b y the tenants. There is plenty of parking for tenants and guests besides the 3 enclosed single car garages. The 2bed/1bath bungalow has its own large and secluded backyard. This prime land also has more opportunity for additional development. The property is zoned LARD 1.5. and has room for expansion of more buildings. Property is offered at a current 5.1% CAP rate with room to grow the rents as they are month to month leases. Seller is willing to carry the loan at a substantial downpayment. Don’t miss this opportunity!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,300,000

AD Id : 74511494

MLS Id : PF26016505

Lot Size : 21,718 Sqft

Living Area Size : 5,975

Year Built : 1923

Garage : 3

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1923
    Building Area Total: 5975
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 21718 Lot Size Acres: 0.4986 Lot Size Source: Assessor Lot Size Square Feet: 21,718 Lot Description: 16-20 Units/Acre

  • Listing Price Information

    Listing Price: $4300000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 5406011022 Tax Lot: 5-7,

  • Parking Information

    Parking Total: 3

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: North of Sunset East of Sutherland West of Dodgers Stadium WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1547 Cerro Gordo Street, Los Angeles, CA, 90026 $1,595,000 3 2 1,600 1,600 SqFt
2168 Princeton Avenue, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 2,509 SqFt
2168 Princeton, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 2,509 SqFt
2140 Lemoyne Street, Los Angeles, CA, 90026 $2,500,000 3 -- --
1911 Echo Park Avenue, Los Angeles, CA, 90026 $999,000 3 -- 1,728 1,728 SqFt
1878 Echo Park Avenue, Los Angeles, CA, 90026 $1,899,000 4 3 1,857 1,857 SqFt
1188 Innes Avenue, Los Angeles, CA, 90026 $3,500,000 13 -- 10,470 10,470 SqFt
1567 Paul Terrace, Los Angeles, CA, 90026 $849,000 2 2 962 962 SqFt
1804 Echo Park Avenue, Los Angeles, CA, 90026 $1,300,000 5 3 2,319 2,319 SqFt
1458 Sutherland Street, Los Angeles, CA, 90026 $2,490,000 6 -- 3,187 3,187 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 05:16

MLS: PF26016505 LISTED BY: Stephen Biskup, Sotheby's International Realty SOURCE: CRMLS

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