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1323 Lilac Ter, Los Angeles, CA 90026

List Price: $1,499,000On Market FlagOn market
Jul 25, 20253,667 sqft7 beds7 baths
Listed by: Lori Harris
License #: 02132297
Phone #: 818-515-1118
Keller Williams Realty Los Feliz
Source:
CRMLS Logo
MLS #: 25567417

Property Description

Ideally located in one of LA's hippest neighborhoods, this newly renovated and expanded quadruplex offers a rare opportunity to own a high-quality, income-producing property with breathtaking views of Downtown Los Angeles. Built in 2019, the modern 4-story front duplex, with a 2-car garage, sits privately behind lush hedges and features a welcoming front courtyard. The lower unit is a stylishly designed 1 bedroom with a full bath, perched above a 2-car garage; complete with exposed concrete floors, open-concept living, in-unit laundry, and a dedicated sleeping area. Above it, the expansive two-story top-floor unit with 1 bedroom, 1 bathroom impresses with soaring two-story ceilings and an abundance of natural light. This stunning space includes a spacious open floor plan, engineered hardwood floors, a sleek guest bath, in-unit laundry, and a chef's kitchen outfitted with premium Viking appliances. Upstairs, a primary bedroom, an ensuite spa-like bath, and a separate glass-enclosed office overlook the main living area. Private exterior stairs lead to an incredible rooftop deck with jaw-dropping panoramic views of DTLA and Sunset Blvd. Both front units are tenant-occupied - Upper Unit (1325 1/2) is rented at $4,000/month, and the Lower Unit (1323 1/2) is rented at $2,200/month. Tucked behind the front building, the original 1925 rear duplex delivers quaint charm and privacy. Situated on the right rear side of the property, Unit 1323 features 3 bedrooms, 2 bathrooms, hardwood floors, an updated bath, a shady front porch, and an additional storage space/laundry room below the main living area. Unit 1325 sits just to the left with 2 bedrooms, 2 baths, its own side entry, a hidden front porch, a private back patio, and a spacious storage space below the main living area. Delivered fully vacant, this rear duplex offers excellent upside potential. Projected market rents are $4,000/month for the 3BD (#1323) and $2,500/month for the 2BD (#1325). Just steps from the Elysian Park trails and blocks from the vibrant Sunset Blvd scene, this location offers unbeatable accessibility - grab your morning coffee at the new Goop Kitchen, a mid-afternoon slice at Quarter Sheets, and meet the gang for drinks and a band at Little Joy in the evening, all without getting in your car. With high demand, modern amenities, and immediate rental upside, this is a unique opportunity to own a stylish, income-generating property in one of the Eastside's most desirable neighborhoods.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,967

TurboHome Estimated Value

$1,448,400

$395 sqft

High Valuation
$1,520,820
$415/sqft
Normal Valuation
$1,448,400
$395/sqft
Low Valuation
$1,375,980
$375/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$395/sqft$1,448,400

Neighborhood: Echo Park

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Comparative Value

$1.24M

$1.50M

$1.70M

$2.00M

316 N Bixel St, Los Angeles, CA 90026

Sale Price: $1,235,000

Selected Comparable

1323 Lilac Ter, Los Angeles, CA 90026

List Price: $1,499,000

Subject Property

2011 Echo Park Ave, Los Angeles, CA 90026

Sale Price: $1,695,000

Selected Comparable

1445 Calumet Ave, Los Angeles, CA 90026

Sale Price: $2,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1323 Lilac Ter, Los Angeles, CA 90026

1323 Lilac Ter, Los Angeles, CA 90026

List: $1,499,000

Listed: 7/25/2025

Area:3,667 sqft
Price/sqft:$409
Beds:7
Baths:7
Year Built:
Lot Size:6,890

Comparable Properties

COMPARABLE
Choose comps
1445 Calumet Ave, Los Angeles, CA 90026

1445 Calumet Ave, Los Angeles, CA 90026

Sale: $2,000,000

4/24/20250.46 mi

Area:3,144 sqft
Price/sqft:$636
Beds:7
Baths:7
Year Built:
Weight:44.5%
316 N Bixel St, Los Angeles, CA 90026

316 N Bixel St, Los Angeles, CA 90026

Sale: $1,235,000

11/7/20240.75 mi

Area:3,704 sqft
Price/sqft:$333
Beds:8
Baths:8
Year Built:
Weight:31.2%
2011 Echo Park Ave, Los Angeles, CA 90026

2011 Echo Park Ave, Los Angeles, CA 90026

Sale: $1,695,000

10/4/20240.96 mi

Area:2,928 sqft
Price/sqft:$579
Beds:8
Baths:6
Year Built:
Weight:24.3%

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