Multifamily Bungalow
For Sale
$4,300,000
1303 Lilac Ter, Los Angeles, CA 90026
Ten Spanish-style bungalows with separate utility meters and multiple off-street parking options on a single lot.
Property Size5,975 SF
Lot Size0.50 Acres
Price / SF$719.67
Days on Market158
Property Features for 1303 Lilac Ter
General Information
Standard status
Active
Size
5,975 SF
Lot size
0.50 Acres
Property subtype
Commercial
Zoning
LARD 1.5
Additional Details
Cap Rate
5.1%
Multifamily Units
10
Building Details
Building Size
5,975 SF
Year Built
1923
Stories
1
Units
55
Tenancy
Multi
Listing Agency:
Sotheby's International Realty
Listed By:
Christina Dreyer · License #00999071
(626) 688-3948
Source:
Elliman
Added: Mar 31
Changed: Sep 2
Last Checked: Sep 4 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty
Investment Insights
Based on property information with market context.
This multifamily property consists of 10 Spanish-styled bungalow buildings on a single lot. There are nine 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each with a living room. Many bungalows include private fenced front yards. Eight units have basements and in-unit laundry. Original oak hardwood flooring and tiled kitchen counters are featured throughout, and remodeling costs of $50,000 were noted in the remarks.
All units are separately metered for gas and electricity, and trash is paid by the tenants. Parking is available for tenants and guests, in addition to three enclosed single-car garages. The 2-bedroom bungalow includes a large, secluded backyard.
The property is zoned LARD 1.5 and is described as having room for expansion of additional buildings.
All units are separately metered for gas and electricity, and trash is paid by the tenants. Parking is available for tenants and guests, in addition to three enclosed single-car garages. The 2-bedroom bungalow includes a large, secluded backyard.
The property is zoned LARD 1.5 and is described as having room for expansion of additional buildings.
Key Highlights
- 10 Spanish‑style bungalows on a 21,717 SF lot (half acre) built in 1923
- Unit mix: 9 studios 1BD/1BA and 1 two bedroom 2BD/1BA; total 5,975 SF of living space
- Many bungalows feature private fenced front yards; 8 units have basements and laundry
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten Spanish-style bungalows with separate utility meters and multiple off-street parking options on a single lot.
Where is this apartment building located?
The property is located at 1303 Lilac Ter Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 10 Spanish‑style bungalows on a 21,717 SF lot (half acre) built in 1923; Unit mix: 9 studios 1BD/1BA and 1 two bedroom 2BD/1BA; total 5,975 SF of living space; Many bungalows feature private fenced front yards; 8 units have basements and laundry
