4,782 Sqft Lot
4,782 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26101758
HOA Y/N No
Year Built 1979
Lot Size 4,782 Sqft
Property Sub-Type Triplex
Property Description
The property features three separate units, including a spacious 5-bedroom residence currently rented month-to-month at $7,390 per month, creating flexibility for future owner occupancy, continued rental income, or value-add potential. The additional units provide stable cash flow in one of Los Angeles' most desirable rental markets.
Features include dedicated parking, separate unit access, abundant natural light, attractive city and hillside views, and a versatile layout suited to a variety of ownership strategies. The property's elevated setting captures the character and lifestyle that make Silver Lake one of the city's most sought-after neighborhoods.
Ideally located near the Silver Lake Reservoir, Sunset Junction, Echo Park, Downtown Los Angeles, popular dining destinations, shopping, parks, and entertainment. Silver Lake Dog Park, Bellevue Recreation Center, and major commuter routes are all conveniently accessible.
Recently reduced to $2,198,000. Offering strong in-place income with long-term upside potential, this is a rare opportunity to acquire a high-performing multifamily asset in a premier Los Angeles location.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen, Stacked
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Dog Park, Lake, Park, Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5423023008
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Nearby Locations
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