Rare opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets. Upside potential is renovating the remaining two units into 2 bedrooms from 1 bedroom. There was a previous appraisal valued the property at $3,640,000.
4,180 Sq Ft
5,811 Sq Ft Lot Büyüklüğü
daire
Yerleşik 1951
MLS/Liste Kimliği P1-25226
2 Hikayeler
6 Birimler
İçinde
Heating - Floor Furnace
Heating - Ductless
Su Isıtıcı
HVAC
Ev aletleri
Vinil
Ferforje
Cooling - Ductless
Parking - Uncovered
Parking - Tandem
Parking - On Street
Community - Sidewalks
Tankless Su Isıtıcı
Gazlı Su Isıtıcı
Gazlı Ocak
Bulaşık makinesi
Parking - Shared Driveway
Otopark - Garaj yolu
Parking - Concrete
Lot - No Sprinklers
TOPLAM AYLIK MALİYET
$0
$0
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