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Sale Pending
(MLS-listed)
Listed at: $665,000
1945 LAKE SHORE Ave Los Angeles, CA 90039
| Beds: | 5 |
| Baths: | 3 |
| Sq. Ft.: | 2,504 |
| $/Sq. Ft.: | $266 |
| Lot Size: | 7,492 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | One Level, Contemporary |
| View: | Hills |
| Year Built: | 1950 |
| Community: | Silver Lake/Echo Park |
| County: | Los Angeles |
| MLS#: | P813030 |
| Source: | CRMLS |
| Status: | Backup Offers Accepted |
| On Redfin: | 92 days |
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True pride of ownership shows in this turnkey property located in the trendy, eclectic, area of Echo Park. This property totals 2490 sq ft w/ 5 bd, 3 full baths, a den and 3 family rooms. Front 2bd unit enjoys a grand view from a tiled patio of approx 20 x 30 ft over the carport area. Rear 3bd, 2bath plus den enjoys large garden area with expansive view from top of terrace and a window view from dining area. Rear unit can be easily divided into 2bd 1 ba and a large seperate guest area with wet bar. Attention to detail and upgrades galore -copper plumbing, elec panel, tile work and tankless water heaters plus an incredible fruit tree and rose bush garden! Please see photos. Property can be delivered vacant. Property is owner occupied and has no tenants. Address 1943 and 1945 Lake Shore.
Virtual Tours
Equipment
- Refrigerator
Utility Information
- Sewer In Street (Paid)
- District/Public Water
Community Features
- Units in Complex (Total): 2
Unit 1 Information
- Number: 1
- # of Beds: 3
- # of Baths: 2
- Partially Furnished
- Monthly Rent: $1,900
- Monthly Rent (Total): $1,900
Location Information
- Cross Streets: Echo Park and Effie
- Driving Directions: From Sunset go north on Echo Park, left (west) on Effie and then right (north)on Lake Shore. Left on Avalon then then back to Lake Shore north. West side of street - No sign look for 3 car, carport.
- Tax Area: 13
- Legal Tract #: 3
- Legal Block #: 18
- Legal Lot #: 0.17
Financial Information
- Capitalization Rate (%): 7.04
- Net Operating Income: $46,800
- Monthly Gross Income: $3,800
- Actual Gross Annual Income: $40,800
- Gross Scheduled Income: $46,800
- Actual Rent (Total): $1
- Actual Annual Gross Rent: $46,800
- Gross Rent Multiplier: 14.21
- No Private Transfer Taxes
- Vacancy Allowance (%): 3
Kitchen Information
- Gas/Electric Range
- Range Hood
Interior Features
- Ceramic Tile Floors
- Hardwood Floors
- Laminated Floors
- Basement (Partial)
Parking Information
- # of Parking Spaces (Total): 6
- # of Carport Spaces: 3
- # of Other Spaces: 3
- Carport
- Driveway (Concrete)
Property Features
- Concrete Slab Patio
- Deck(s)
- Front Porch
- Rear Porch
- Tile Patio
- Energy Efficient
Unit 2 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Unfurnished
- Monthly Rent: $2,000
- Monthly Rent (Total): $2,000
Property Information
- 1 Common Wall
- Attached
- Land Ownership: Fee Simple
- Square Footage Source: Public Records
- Tax Parcel Number: 5420004004
Expense Information
- Tax: $8,312
Additional Rooms
- Recreational Room
Heating & Cooling
- Wall Gas Heating
- No Water Heaters
- Gas Water Heater
- Tankless Water Heater
Building Information
- Ground Level Entry (With Steps)
- Stucco Exterior
- Composition Shingle Roof
- Builders Tract Name: custom
- Builders Tract Code: OTHR
Multi-Family Information
- Type of Business: Duplex with views & parking
- # Leased: 2
- # of Buildings: 1
- # of Carpets: 1
- # of Disposals: 2
- # of Drapes: 2
- # of Electric Meters: 2
- # of Gas Meters: 2
- # of Patios: 3
- # of Ranges: 2
- # of Refrigerators: 2
- # of Wall Air Conditioners: 2
- # of Water Meters: 1
- Tenant Pays for Water Heater
- Tenant Pays Gas
- Tenant Pays Cable TV
- Tenant Pays Electricity
Lot Information
- Lot Size (Sq. Ft.): 7,492
- Lot Size Source: Public Records
- Fruit Trees
- Gentle Slope
- Backs to Trees
- Paved
- Not on Alley
Legal Disclosures
- Rent Control
Listing Information
- Possession: Negotiable
- Special Conditions: Standard Sale
- Listing Terms: Cash To New Loan
- Buyer Financing: FHA
Listing last changed
May 22, 2012, 7:37 PM
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Property History for 1945 LAKE SHORE Ave
| Date | Event | Price | Appreciation | Source | ||
|---|---|---|---|---|---|---|
| May 10, 2012 | Pending (Backup Offers Accepted) | -- | -- | CRMLS #1 | ||
| Feb 22, 2012 | Listed (Active) | $665,000 | -- | CRMLS #1 | ||
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Public Facts for 1945 LAKE SHORE Ave
| Beds: | 5 |
| Baths: | 3.0 |
| Finished Sqft: | 2,504 |
| Unfinished Sqft: | - |
| Total Sqft: | 2,504 |
| Floors: | - |
| Lot Size: | 7,491 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1950 |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | 5420004004 |
| Last Updated: | May 4, 2012 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $126,822 |
| Additions | $103,852 |
| Total | $230,674 |
| Tax (2011) | $3,087 |
Home Value Estimates for 1945 LAKE SHORE Ave
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Schools near 1945 LAKE SHORE Ave, Los Angeles, CA 90039
Select a school to view the school's parent reviews, programs and more. Showing up to five closest schools for each grade level.
Elementary Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Clifford Street Elementary School | Public |
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0.16 mi | Map It |
| Baxter Montessori School | Private |
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0.29 mi | Map It |
| St Teresa of Avila School | Catholic |
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0.33 mi | Map It |
| Elysian Heights Elementary School | Public |
|
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0.33 mi | Map It |
| Mayberry Street Elementary School | Public |
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0.63 mi | Map It |
Middle Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| St Teresa of Avila School | Catholic |
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0.33 mi | Map It |
| Gabriella Charter School | Public |
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0.68 mi | Map It |
| St Francis of Assisi School | Catholic |
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1.21 mi | Map It |
| Learning Kingdom | Private |
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1.35 mi | Map It |
| Thomas Starr King Middle School | Public |
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1.55 mi | Map It |
High Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Learning Kingdom | Private |
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1.35 mi | Map It |
| New Covenant Academy | Private |
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1.63 mi | Map It |
| Monsenor Oscar Romero Cs | Public |
|
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1.70 mi | Map It |
| Lycee International - la Campus | Private |
|
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1.75 mi | Map It |
| John Marshall High School | Public |
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1.81 mi | Map It |
* Living near this school does not guarantee enrollment. Please contact the school directly to determine enrollment requirements.
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