UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26199701
HOA Y/N No
Year Built 1979
Lot Size 4,782 Sqft
Property Sub-Type Triplex
Property Description
Exceptional opportunity to own a well-maintained triplex in the heart of Silver Lake, situated on a rare street-to-street lot with city and hillside views. The property generates approximately $158,880 in annual gross rental income, offering immediate cash flow in one of Los Angeles' most desirable rental markets.
The property features three separate residences: a spacious 5-bedroom residence renting for $7,390/month, a 2-bedroom unit at $3,200/month, and a 1-bedroom unit at $2,650/month. Separate entrances, dedicated garage and parking, abundant natural light, amazing view of the hillside and neighborhood and a flexible layout make this an excellent opportunity for an investor, owner-user, or multi-generational household.
Ideally positioned near Silver Lake Reservoir, Sunset Junction, Echo Park and Downtown Los Angeles, with convenient access to dining, shopping, entertainment and major commuter routes.
A rare combination of strong existing income, three separate residences, views, and a prime Silver Lake location
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Dog Park, Lake, Park, Street Lights, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5423023008
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Sharlotte Blake
Broker Associate License ID: 02035876
Broker Associate License ID: 02035876