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.
|
DAYS ON MARKET
|
19
|
LAST UPDATED
|
11/6/2024
|
|
YEAR BUILT
|
1923
|
COMMUNITY
|
Silver Lake - Echo Park
|
|
GARAGE SPACES
|
5.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AREA |
Silver Lake - Echo Park |
| FIREPLACE |
Yes |
| GARAGE |
Assigned, Yes |
| HOA DUES |
0 |
| LOT |
7378 sq ft |
| LOT DESCRIPTION |
Front Yard, Garden, Near Public Transit |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
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Listed with Keller Williams VIP Properties
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 11/25/24 11:53 AM PST 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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