Description
R3 zoned! seize this outstanding opportunity to own a six-unit, income-producing property in the highly sought-after los angeles enclave of silverlake! located just a short walk from the beautiful silver lake reservoir, scenic meadows, and the popular dog park! this property offers a fantastic blend of feeling immersed in a flourishing nature setting, while still just minutes to dtla & many amazing local attractions! set on a lush expansive lot with mature, fruit-bearing avocado, fig, and lime trees, each unit on this property is separately metered for utilities. promoting a streamlined and efficient investment. recently upgraded dual-pane windows enhance energy efficiency and comfort. the property also features five covered carport spaces plus two additional uncovered parking spaces—ideal for tenants and visitors alike. from the upper level of the rear unit, enjoy gorgeous pocket views of silver lake and the iconic griffith park observatory dome! with the current r3 zoning, there’s tremendous future potential to add up to six additional units (12 total), maximizing equity & income potential. alternatively, live in one unit and let the income from the other five rentals substantially offset your ownership costs. perfectly situated within walking distance of top-tier shopping & dining options. including gelson’s, whole foods, silverlake wine, the red liontavern, and trader joe’s! don’t miss out on this exceptional commercial investment opportunity in one of la’s most desirable locations! call today to schedule your private showing.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47571736
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: Living Room
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1923
- Building Area Total: 3,954
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1694
- Lot Size Source: Assessor
- Lot Size Square Feet: 7378
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Listing Information
Listing Price Information
- Original List Price: 2,295,000
- Listing Contract Date: 2024-10-16
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5439001014
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C21 - Silver Lake - Echo Park
- Postal Code Plus 4: 3208
- Directions: Exit Fletcher from the 5 frwy then continue on Fletcher to Glendale Blvd.
- Source Property Type: Residential Income
- Area: C21 - Silver Lake - Echo Park
- Property SubType: Apartment
Building and Construction
- Property Age: 101
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/15/2024 @ 00:28
- MLS: SR24228853
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,954 sqft, 7,378 sized lot, and 5 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90039, this Los Angeles County Home are nearby neighborhoods.