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$ 1,650,000
Est. payment | /mo
7 Beds
2,672 SqFt
$ 1,650,000
Est. payment | /mo
7 Beds
2,672 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,672 sqft
Price per Sqft $617
MLS Listing ID CRP1-20099
Bedrooms 7
HOA Y/N No
Year Built 1924
Lot Size 5,666 Sqft
Acres 0.13
Property Description
Seize the chance to acquire a promising multi-family development opportunity in the heart of Silver Lake, one of Los Angeles' most desirable neighborhoods. The property includes a duplex with an accessory dwelling unit (ADU), combining the charm of a spacious detached single-family home with excellent rental income potential. The first unit features a generous 3-bedroom, 2-bathroom layout with 1,226 sq. ft. of living space. The second unit offers a comfortable 2-bedroom, 2-bathroom design spanning 769 sq. ft. Below the second unit lies a modern ADU, a 2-bedroom, 2-bathroom space providing an additional 687 sq. ft. of rental potential. Currently undergoing an extensive renovation, this property allows buyers to customize and complete it to their specifications. Significant updates, including foundation work, framing, and some plumbing and HVAC have already been completed, saving you time and upfront costs. Located just five minutes from the vibrant Sunset Boulevard, residents will enjoy easy access to trendy cafes, restaurants, boutiques, and entertainment options in one of Silver Lake's most eclectic and high-demand neighborhoods. This property offers strong investment potential, with high rental yields and the possibility of conversion into a Tenants-In-Common (TIC) sale for max
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 4
Building
Lot Description Other
New Construction No
Others
Tax ID 5402012005
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jesse Ramos • COMPASS
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com