18 days on rocket

1922 Lake Shore Ave, Los Angeles, CA, 90039

$1,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
2,302 SqFt
$649/SqFt
House
Schools Nearby

Location

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1922 Lake Shore Ave, Los Angeles$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1903
MLS #24376363
Lot Size0.23 Acres
StatusActive

About 1922 Lake Shore Ave

We are pleased to offer for sale a three-unit apartment community located at 1922-1924.5 Lake Shore Avenue. The subject property is located east of the Glendale Freeway and north of Sunset Boulevard. The property is located in Elysian Heights, which is typically characterized as being part of Echo Park & near Silver Lake. This submarket's popularity has grown significantly over recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With rent growth and developments in the area, the location has been catering to families, young professionals and artists alike in recent years. The property is situated on a large 9,999 square foot parcel and is comprised of two one-bedroom units and one two-bedroom unit. One unit will be delivered vacant allowing new ownership to immediately renovate and rent the unit out for a market rental rate. There is 24% remaining rental upside that new ownership can capture through interior renovations. Taking into consideration the desirable location and remaining value-add components, 1922-1924.5 Lake Shore Avenue is well suited to provide investors with healthy returns and long-term appreciation potential.

Property Details

Property Features

Property Information:

  • Year Built: 1903
  • Stories: 2
  • Living Area: 2,302 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

School Info

Assigned Schools Information:

  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Belmont Senior High School, Public District Grades 9-12
  • Ramon C. Cortines School of Visual and Performing, Public District Grades 9-12
  • Studio, Public District Grades 6-8
  • Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
  • Clifford Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: East of Alvarado Street & South of Baxter Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $649/SqFt

Tax Information:

  • Annual Amount: $5,585
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1922 Lake Shore Ave vs Los Angeles

18 DAYS ON ROCKET

-16 Days

$1,495,000

+$519K More

$649/SqFt

+$21 More

KEY TAKEAWAY

This property is $519K more than the Median Sold Price and $21/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24376363

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2011Home Sold
$381,000
Jan 03, 2007Home Sold
$965,000
Aug 09, 2005Home Sold
$875,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,585$442,507
2020$5,423$437,574
2019$5,359$428,995
2018$5,244$420,584
2017$5,244$412,338

History based on county public records data.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3437640
8
/10

  • Clifford Street Elementary School

  • 2150 Duane St

  • 0.17 miles

  • Public District Grades KG-6

school-card-donut-3437641
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.17 miles

  • Public Magnet Grades KG-6

school-card-donut-3437642
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 23.33 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3437643
4
/10

  • Studio

  • 2211 W Avenue 30

  • 1.54 miles

  • Public District Grades 6-8

school-card-donut-3437644
6
/10

  • Thomas Starr King Middle School Film and Media Mag

  • 4201 Fountain Ave

  • 1.58 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3437645
3
/10

  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 1.83 miles

  • Public District Grades 9-12

school-card-donut-3437646
2
/10

  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.97 miles

  • Public District Grades 9-12

school-card-donut-3437647
5
/10

  • Ramon C. Cortines School of Visual and Performing

  • 450 N Grand Ave

  • 2.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,037. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1922 Lake Shore Ave

What is the listing price of this property?

The listing price of 1922 Lake Shore Ave property is $1,495,000.

What type of property is this?

The property 1922 Lake Shore Ave is a house located in Los Angeles, California, 90039.

Is this property for sale now?

Active Listing: 1922 Lake Shore Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1922 Lake Shore Ave are:
Clifford Street Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Studio: GreatSchools Rating 4/10
Thomas Starr King Middle School Film and Media Mag: GreatSchools Rating 6/10
Edward R. Roybal Learning Center: GreatSchools Rating 3/10
Belmont Senior High School: GreatSchools Rating 2/10
Ramon C. Cortines School of Visual and Performing: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,585 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 15, 2011 for $381,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1922 Lake Shore Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1922 Lake Shore Ave is 2,302 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1922 Lake Shore Ave is 1903.

Rocket Homes›California›Los Angeles County›Los Angeles›90039›1922 Lake Shore Ave

This home is located at 1922 Lake Shore Ave in Los Angeles, CA and zip code 90039 in the Central LA neighborhood. This 2,302 square foot home, which was built in 1903, sits on a 0.23 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $1,495,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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