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. The design highlights a simple richness in the original vintage details, including a stunning floor-to-ceiling period faux fireplace and hearth, refinished hardwood floors, rare barrel ceilings, an office nook basked in light and modern upgrades including new kitchen and bathroom. With easy indoor/outdoor flow, this unit has three sets of French doors leading to a cozy front patio with city views, and a back patio off the kitchen making outdoor cooking possible. Additionally, this unit features in-unit laundry, ductless AC and heat, and new appliances including dishwasher. 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.
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features
- Intimate 9-unit community
- Recently renovated
- Remodeled kitchen and baths
- Bright, airy and spacious rooms
- High ceilings
- Private front and back patios
- New appliances
- Stove, fridge and dishwasher included
- New washer and dryer in-unit
- Ample closet space
- Original restored French windows and doors
- Original refinished hardwood floors
- New butcher block and marble counters
- Open shelving in kitchen
- New kitchen cabinets
- New and restored designer lights and fixtures throughout
- New garbage disposal
- New tile flooring in bath and kitchen
- Restored cast iron tub
- New tiled shower walls, and new faucet
- New fences and gates
- 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
- Minimum 10% down
- 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 $251.65
Echo Park
- Bedrooms
- 1 Bedroom
- Baths
- 1 Bath
- Type
- Bungalow
- Sq. Ft.
- 656 Sq. Ft.
- List Price:
- $485,000.00
- Pets