242 N Dillon is a brand-new, NON-RENT-CONTROLLED 2025 five-unit luxury community located just seconds from Silver Lake, one of LA's most sought-after rental markets. This architectural gem combines prime location, high-end finishes, and strong returns, offering investors a projected 5.68% cap rate with minimal expenses.
Set on a gentrifying street with standout curb appeal, 242 N Dillon features five expansive units "” including one massive 5-bedroom tri-level townhome (2,356 SF) and four oversized 4-bedroom units "” all with private entrances and thoughtfully designed, renter-friendly floorplans. Each unit is separately metered for all utilities and comes with a full 1-year builder's warranty, ensuring low maintenance and long-term stability.
Luxury features include designer tile, custom cabinetry, stainless steel appliances, oversized kitchen islands, high ceilings, balconies, large closets, and stunning 360-degree rooftop decks. The building is enhanced by drought-tolerant landscaping, ample parking, and natural light throughout.
With no rent control, high-income potential, and top-tier design, 242 N Dillon is a rare opportunity to own a high-performing, low-maintenance asset in one of LA's most competitive rental corridors. Don't miss your chance to secure a trophy property in this highly desirable rental pocket of LA.
|
DAYS ON MARKET
|
4
|
LAST UPDATED
|
8/7/2025
|
|
YEAR BUILT
|
2025
|
COMMUNITY
|
C21 - Silver Lake - Echo Park
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Electric Oven, Electric Range, Instant Hot Water, Microwave, Refrigerator, Washer |
| AREA |
C21 - Silver Lake - Echo Park |
| EXTERIOR |
Lighting |
| HEAT |
Central |
| INTERIOR |
Open Floorplan, Recessed Lighting |
| LOT |
6368 sq ft |
| LOT DESCRIPTION |
Landscaped |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
3+ |
| STYLE |
Modern |
| TAXES |
59925 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights, Neighborhood |
| WATER |
Public |
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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 8/9/25 2:09 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 2025.
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