UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,120 sqft
Price per Sqft $509
MLS Listing ID SR26200181
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1979
Lot Size 4,782 Sqft
Property Sub-Type Triplex
Property Description
A rare opportunity to own a spacious 5-bedroom residence in the heart of Silver Lake while generating additional rental income from two separate units. Situated on a unique street-to-street lot with beautiful city and hillside views, this versatile property offers approximately 4,120.
The 5-bedroom main residence offers generous living space, abundant natural light, privacy, dedicated parking and sweeping neighborhood views, ideal for an owner-user looking to make Silver Lake home while benefiting from rental income that located on Silver Lake Dr. with its own private entrance, away from main residence.
Two additional residences, a 2-bedroom unit currently renting for $3,200/month and a 1-bedroom unit renting for $2,650/month, provide an attractive opportunity to offset ownership costs or accommodate extended family, guests or separate work/living needs.
Ideally located near Silver Lake Reservoir, Sunset Junction, Echo Park and Downtown Los Angeles, with convenient access to some of the neighborhood's best dining, shopping and entertainment.
Live in one residence. Keep the two rentals. Enjoy the best of Silver Lake with income already in place.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Rooms
Main Level Bedrooms 1
Interior
Cooling See Remarks
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Biking, Curbs, Dog Park
View Y/N Yes
View City Lights, Hills, Neighborhood
Total Parking Spaces 5
Private Pool No
Building
Lot Description Street Level
Dwelling Type Triplex
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Schools
School District Los Angeles Unified
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