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 original faux fireplaces and fixtures, French windows and doors, and modern upgrades including new white oak flooring throughout, new kitchens and updated bathrooms. Additionally, the units feature an office nook, in-unit laundry, ductless AC and heat, private front and back patios. 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 stones throw away.
Unit Features
- 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
- New ductless AC & heat
Building Features
- 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
This property is known as a (T.I.C) Tenancy in common. This allows two or more people to hold the title to a property. Each tenant has their own loan, and shares of the property, but the entire property is owned by all tenants, and property taxes are split. This is great for first time buyers and those with small down payment amounts.
