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$2,250,000
Est. payment /mo
8 Beds
7 Baths
4,605 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,605 sqft
Price per Sqft $488
MLS Listing ID 25578059
Bedrooms 8
HOA Y/N No
Year Built 1948
Lot Size 10,868 Sqft
Property Description
Representing a remarkable OPPORTUNITY ZONED 7-unit apartment building with 90% current market rents. This property features 6 upgraded 1 bed/1 bath units, and one 2 bed 1 bath unit. Each has its own washer and dryer. 6 units have been thoughtfully upgraded showcasing open layouts that enhance the living space. ALL UNITS HAS ITS OWN PARKING. Located in a bustling hip neighborhood, on the edge of Silverlake-one of the trendiest areas in LA. This property benefits from excellent walkability to popular, trendy cafes and restaurants. The combination of upgraded units and a thriving location offers significant potential for rental income growth, making this apartment building an excellent opportunity for savvy investors looking to expand their portfolio in a high-demand location which is only 5-10 min drive to Hollywood, Los Feliz, Downtown, Koreatown, Echo Park. It doesn't get much more central in terms of location! Don't miss your chance to capitalize on this unique investment opportunity!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Oven, Dryer, Washer
Exterior
Parking Features Driveway
Pool None
Total Parking Spaces 7
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5539017006
Special Listing Condition Standard
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Listed by Laura Meldere Beverly and Company, Inc.