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$ 1,499,000
Est. payment | /mo
7 Beds
3 Baths
2,366 SqFt
$ 1,499,000
Est. payment | /mo
7 Beds
3 Baths
2,366 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,366 sqft
Price per Sqft $633
MLS Listing ID 25555527
Bedrooms 7
HOA Y/N No
Year Built 1959
Lot Size 6,303 Sqft
Property Description
Outstanding investment opportunity in the heart of Silver Lake just blocks from popular Sunset Junction. This versatile triplex consists of a single-family front house and duplex in the rear, ideal for an owner/user seeking passive income or for investors looking for a high demand location. The front unit is a charming Spanish-style 3BR/1BA home with 1,216sf featuring original hardwood floors, spacious living room, formal dining room, remodeled bathroom with dual sinks and private backyard. There is potential to add a second bathroom to the house. Behind the front house is a detached 2-story duplex with two 2BR/1BA units at 575 sq ft. each. The entire triplex is being delivered with tenants that are all month-to-month and has great upside potential. The large lot offer possible expansion (buyer to verify). Gated and secure with driveway and parking for four cars, the property is located minutes from cafes, shops, major transit and one mile away from the Silver Lake Reservoir running trail, picnic area and dog park. With an array of eclectic boutiques, artisanal bakeries, and world-class dining just around the corner, this property places you in the heart of it all. Whether you're looking to add to your portfolio or occupy one unit while generating income from the others, this is a rare chance to own in one of L.A.'s most in-demand rental markets.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Interior
Interior Features Ceiling Fan(s)
Heating Floor Furnace
Fireplace No
Appliance Refrigerator
Exterior
Parking Features One Space, Uncovered
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5401018011
Special Listing Condition Standard
Listed by Susan L Andrews Compass
1420 Kettner Blvd Ste 100, San Diego, California, 92101, USA