Prime Investment Opportunity in the heart of Silver Lake. Super walkable pocket between Hyperion and Griffith Park Blvd, it does not get better than that!!! What a convenience to have Gelson's, Trader Joe's, Starbucks and tons of other businesses literally in your doorstep. Exceptional walkability makes it easy to meet all daily needs, enhancing the property's appeal. Unlock the potential of this multi-family property, zoned C2 (commercial and residential use), located in the most thriving neighborhood experiencing fast-paced development. This well-maintained Mom & Pops property has been owned by the same family since the 1980s, an increasingly rare find, very few left in this area. The building features three attached units. The spacious front unit offers a residential feel with five rooms and 1.5 baths, highlighted by original hardwood floors and large windows that create a bright atmosphere. Could be easily transformed into a retail space, office space or yoga studio, just to name a few ideas. With multiple access points and a charming front porch, this unit is ready for creative reimagining. The two back units are efficient studio apartments, each with a full kitchen and bath, ensuring privacy and comfort. An attached laundry/water heater room provides additional storage space. Parking is streamlined with five assigned spots in the rear of the building. The front unit is currently vacant, while the two studio apartments will be delivered tenant occupied, making this a strategic investment opportunity. This fixer-upper is primed for an investor ready to capitalise on its potential in a vibrant, fast-growing neighborhood. Public records show 1 bed, 4 bath total, number of actual rooms differs. Please note that the property shares a driveway with LA Family school, one of the best pre-schools in NELA. Seize this exceptional chance to enhance your portfolio! All interior photos shown are for unit #2640 (front unit).
|
DAYS ON MARKET
|
6
|
LAST UPDATED
|
10/28/2024
|
|
YEAR BUILT
|
1957
|
COMMUNITY
|
Silver Lake - Echo Park
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Gas Oven, Range |
| AREA |
Silver Lake - Echo Park |
| CONSTRUCTION |
Stucco |
| GARAGE |
Assigned |
| HEAT |
Central |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
4875 sq ft |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Other,Sewer Tap Paid |
| STORIES |
1 |
| STYLE |
Bungalow |
| VIEW DESCRIPTION |
None |
| ZONING |
LAC2 |
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Listed with Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 6:24 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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