The Lilac Terraces
Welcome to The Lilac Terraces, an original 1920's Spanish 9-unit community tucked into the hillside above Sunset in the heart of Echo Park, close to it all. Gorgeously re-envisioned - a pairing of Spanish influences with timeless beauty, another project presented by Reservoir Partners. This ground floor corner unit with towering floor to ceiling vintage picture windows creates an abundance of light throughout. The design highlights a simple richness in the original period details and modern upgrades including new white oak flooring throughout, a new sleek open kitchen and an updated bathroom. Additionally, the unit features in-unit laundry and AC and heat. This 9-unit community compound sprawls up Lilac Terrace, with private entrances for each unit. Shops and restaurants on Sunset Blvd. a few feet away, hikes and trails in Elysian Park a block away, and Dodger Stadium a stone's throw away. All 9 units are being offered for sale for the first time. All cash offer required.
Read more about TIC on our blog!
New to TIC? Download our TIC Field Guide!
features
- Intimate 9-unit community
- All cash required
- Recently renovated
- Remodeled kitchen and bath
- Bright, airy and spacious rooms
- High ceilings
- New appliances
- Stove, fridge and dishwasher included
- New washer and dryer in-unit
- Ample closet space
- New hardwood floors
- New butcher block counters
- Open shelving in kitchen
- New kitchen cabinets
- New and restored designer lights and fixtures throughout
- New garbage disposal
- New tile flooring in bath
- New tiled shower walls, and new faucet
- New tankless water heaters
- AC & heat
- New sub-panels and full electric re-wire 2020
- Roof serviced with new silicone coating 2020
- Updated to mostly copper plumbing 2020
- Foundation retrofitted including seismic upgrade and bolting 2020
- Termite clearance 2020
- Street parking only
details
1327 Lilac Terrace HOA, a Tenants in Common (TIC) Community:
- Intimate 9-Unit HOA
- All cash offer required
- HOA covers insurance, water, finance management and reserves
- Each owner pays for their unit gas and electric (each unit is individually metered for gas and electric)
- The insurance covers the entire property and satisfies lender requirements
- Pets are allowed
- Rental restrictions apply, please inquire
- No permission needed to sell your unit
- With TIC you have similar usage and renovation rights as a condo owner
- All units are being offered for sale for the first time
- We do not need to close multiple units concurrently
- We can close one unit at a time
- HOA dues $204.27
Echo Park
- bedrooms
- 1 Bedroom
- baths
- 1 Bath
- type
- Apartment
- sq. ft.
- 403 Sq. Ft.
- List Price:
- $360,000.00
- notes
- pets
