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1323 Lilac Terrace, 
Los Angeles, CA 90026

$1,499,000


7

Beds


7

Baths


3,667

Sq Ft


Multi-Family

Active

Listed by

Lori Harris

Nathan Poznick

Keller Williams Realty Los Feliz

323-300-1000

Last updated:

August 2, 2025, 10:27 AM

MLS#

25567417

Source:

CRMLS

About This Home

1323 Lilac Terrace

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.

Home Facts

Multi-Family

7 Baths

7 Bedrooms

Built in 1925

Price Summary

1,499,000

$408 per Sq. Ft.

MLS #:

25567417

Last Updated:

August 2, 2025, 10:27 AM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Interior

Living Area:

3,667 Sq. Ft.


Structure

Structure

Building Area:

3,667 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

6,891


Finances & Disclosures

Finances

Price:

$1,499,000

Price per Sq. Ft:

$408 per Sq. Ft.

Source:CRMLS
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). Coldwell Banker Salute is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Salute, 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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1323 Lilac Terrace
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