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1341 1/2 Lilac Terrace, Los Angeles, California 90026, Los Angeles, 90026 - bed, 1 bath

1341 1/2 Lilac Terrace, Los Angeles, California 90026 home-pic-0
ACTIVE$288,095
1341 1/2 Lilac Terrace, Los Angeles, California 90026
0Bed
1Bath
277Sqft
Lot
Year Built
Close
-
List price
$288K
Original List price
$315K
Price/Sqft
$1,040
HOA
$180.68
Days on market
-
Sold On
-
MLS number
25506569
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $288.1K(7th), sqft - 277(7th), beds - undefined(7th), baths - 1(50th).

***CASH ONLY*** Welcome to The Lilac Terraces, a charming 1920s Spanish-style community nestled in the hillside above Sunset, right in the heart of Echo Park. This beautifully reimagined 9-unit enclave blends historic character with modern convenience. The design preserves the elegance of original vintage details, high ceilings, distinctive half-moon windows, while incorporating thoughtful upgrades like new white oak flooring, a fully renovated kitchen and bathroom, in-unit laundry, AC and heat, and stainless steel appliances, including a dishwasher.Each unit enjoys a private entrance within this hillside compound, offering a sense of seclusion while being just steps from Sunset Blvd.'s vibrant shops, restaurants, and bars. Elysian Park's scenic trails are only a block away, and Dodger Stadium sits just around the corner. Note: This is a TIC (Tenants in Common) community and this building is located at 1327-1341 1/2 Lilac Terrace. Please reach out to LA1 Hannah Pilkington at 704-467-1793 for more info on TICs.

Condition Rating
Good
The property, built in the 1920s, has been recently renovated, including the kitchen and bathroom. The listing mentions new white oak flooring, stainless steel appliances, and in-unit laundry. The images confirm a modern kitchen and bathroom. While not brand new construction, the updates bring it to a 'good' condition.
Pros & Cons

Pros

Prime Location: Located in the heart of Echo Park, steps from Sunset Blvd, offering easy access to shops, restaurants, and bars.
Historic Charm with Modern Upgrades: Blending 1920s Spanish-style architecture with modern amenities like new white oak flooring, renovated kitchen and bathroom, and in-unit laundry.
Views: The property offers city light views.
Updated Interiors: Features a fully renovated kitchen with stainless steel appliances, including a dishwasher, and updated bathroom.
Convenience: Includes in-unit laundry, AC, and heat, providing modern comfort and convenience.

Cons

Cash Only: The property is a cash-only purchase, limiting the pool of potential buyers.
TIC (Tenants in Common): Being a TIC property may present financing challenges and require a deeper understanding of co-ownership agreements.
Small Square Footage: The unit is only 277 sqft, which may not be suitable for buyers needing more space.

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