Active

1303 Lilac Terrace

Los Angeles, CA 90026
Mark as Favorite
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!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

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

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1923 Building Area Total: 5,975
  • Pool Features

    None

    Laundry Features

    Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4986
  • Lot Size Source: Assessor Lot Size Square Feet: 21718

  • Listing Price Information

    Original List Price: 4,300,000 Listing Contract Date: 2026-01-22
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5406011022

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas,Other

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Directions: North of Sunset East of Sutherland West of Dodgers Stadium Zoning: LARD1.5 Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park Property SubType: Mixed Use
  • Building and Construction

    Property Age: 103 Common Walls: No Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: ground
Sell a home like this and save $257,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2168 Princeton Avenue, Los Angeles, CA, 90026 $3,495,000 3 2 2,509 2,509 SqFt
2168 Princeton, Los Angeles, CA, 90026 $3,495,000 3 2 2,509 2,509 SqFt
2144 Echo Park Avenue, Los Angeles, CA, 90026 $1,495,000 3 1 1,396 1,396 SqFt
2004 Echo Park Avenue, Los Angeles, CA, 90026 $1,225,000 7 3 2,480 2,480 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
1188 Innes Avenue, Los Angeles, CA, 90026 $3,500,000 13 -- 10,470 10,470 SqFt
1804 Echo Park Avenue, Los Angeles, CA, 90026 $1,500,000 5 -- 2,319 2,319 SqFt
1458 Sutherland Street, Los Angeles, CA, 90026 $2,890,000 6 -- 3,187 3,187 SqFt
1314 W Cannon Drive, Los Angeles, CA, 90026 $1,525,000 3 3 2,127 2,127 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/17/2026 @ 16:22

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

Selling? Save $257,501 when you sell a home like this

Tour with a ByOwner Agent