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    Lilac Pl Los Angeles, CA 90026

    For Sale
    $970,000

    Seven units in desirable Echo Park, Los Angeles.

    Property size:
    4,604 SF
    Lot size:
    0.13 Acres

    Property Features for Lilac Pl

    General Information

    Standard status
    Active
    Size
    4,604 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1921

    Source: MARCUS & MILLICHAP Agent SEAN ROSENZWEIG

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Seven-Unit Apartment Building in Echo Park

    This seven-unit apartment building is located north of Sunset Boulevard in the Echo Park submarket of Los Angeles. Situated on a 5,548 square foot parcel, the property consists of five studios and two one-bedroom units. The property is located in a desirable neighborhood that combines open space with urban walkability. New ownership can add an Additional Dwelling Unit (ADU) in order to maximize income and appreciation potential. Permits are "RTI" Status. The property offers value-add potential and an attractive basis for investors. The property is being sold as part of a two-building portfolio, including a five unit directly adjacent, which is available individually or any combination as a portfolio purchase. The building has a total size of 4,604 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.24889
    Latitude
    34.07202

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    FAQs

    What type of property is this?
    Apartment building - Seven units in desirable Echo Park, Los Angeles.
    Where is this apartment building located?
    The property is located at Lilac Pl Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $970,000.
    What are key features of this property?
    This property features: - Prime location north of Sunset Boulevard in the desirable Echo Park submarket.; - Significant value-add potential with permits ready to issue (RTI) for an Additional Dwelling Unit (ADU).; - Attractive basis for investors.
    Request Owner's contact information
    Lilac Pl Los Angeles, CA 90026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lilac Pl Los Angeles, CA 90026
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