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1242 Lilac Place, Los Angeles, CA 90026

Local realty services provided by:CENTURY 21 Adams & Barnes
1242 Lilac Place,Los Angeles, CA 90026
$970,000
  • 2 Beds
  • 7 Baths
  • 4,604 sq. ft.
  • Multi-family
  • Active
Listed by: sean rosenzweig
Office: marcus & millichap
MLS#:25582025
Source:CRMLS

Price summary

  • Price:$970,000
  • Price per sq. ft.:$210.69

About this home

We are pleased to offer for sale a seven-unit apartment building located at 1242 Lilac Place in Los Angeles. The subject property is located just north of Sunset Boulevard within the desirable Echo Park submarket. Over the past decade, Echo Park has become one of the most desirable neighborhoods for renters in all of Los Angeles, combining abundant open space with urban walkability. Real estate located on the north end of Sunset Boulevard is viewed as prime, boasting some of the highest rents on the Eastside of L.A. Situated on a 5,548 square foot parcel, the property comprises of five studios and two one-bedroom units. New ownership can add an Additional Dwelling Unit (ADU) in order to maximize income and appreciation potential Permits are "RTI" Status. The property's desirable location, north of Sunset Boulevard coupled with the significant value-add potential and attractive basis makes 1242 Lilac an excellent acquisition opportunity for investors. The property is being sold as

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Home facts

  • Year built:1921
  • Listing ID #:25582025
  • Added:161 day(s) ago
  • Updated:January 25, 2026 at 11:50 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:7
  • Living area:4,604 sq. ft.

Structure and exterior

  • Year built:1921
  • Building area:4,604 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$970,000
  • Price per sq. ft.:$210.69
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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