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Sharlotte Blake

sharlotte@laluxestates.com +1(323) 219-1101

$2,998,000

Est. payment - /mo

13 Beds

9 Baths

8,423 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,423 sqft

Price per Sqft $355

MLS Listing ID 26998421

Style Traditional

Bedrooms 13

Year Built 1938

Lot Size 0.348 Acres

Property Sub-Type Multi-Family

Property Description

2612-2618 1/2 Locksley Place is a beautifully maintained Traditional style apartment property in the heart of prime Silver Lake. The rare offering is comprised of two separate legal parcels and combines a stable existing income stream with two units delivered vacant at the close of escrow. 7 of the units are occupied, 6 are on month-to-month tenancies. In-place income is $225,135 annually; add the projected income from the 2 vacant units and annual income is estimated at $283,935. The two vacant units carry no rent-stabilized ceiling on initial rent, allowing the buyer to establish market rents at the outset and reset the property's income basis without waiting for turnover. Eight single garages serve the property, and most units are equipped with an owner-supplied stove and refrigerator. Every unit has its own ductless mini-split system and water heater. Many units enjoy hillside views and 2 units have bedroom balconies. The exterior has been freshly painted and is beautifully landscaped. Interiors retain their 1938 character featuring hardwood floors, period moldings and accents, and vintage tiled kitchens and bathrooms. The offering includes two 4 unit buildings plus an additional nonconforming unit that has been rented continuously for many years and is now vacant. The tax records, Department of City Planning Property Profile Report, RSO Statement Of Registration reflect this unit. The original Certificate of Occupancy for the buildings reflects a total of 8 units. Offered for the first time in 46 years, this is a rare opportunity to acquire a character property in a prime Silver Lake location with immediate upside from the two vacant units and additional future potential. Two separate legal parcels, give a buyer the flexibility to investigate possible ADU development and/or the potential to sell the parcels separately. Buyer to independently investigate and verify all development, ADU, subdivision and resale possibilities. 5438-016-005 and 5438-016-006 included in the sale.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Heat Pump

Cooling Heat Pump(s)

Flooring Hardwood, Ceramic Tile, Mixed, Linoleum

Fireplaces Type Living Room, Kitchen, Dining

Equipment Range/Oven, Built-Ins

Laundry Room

Exterior

Parking Features Garage Is Detached

Garage Spaces 8.0

View Y/N Yes

View Hills, Tree Top

Roof Type Composition, Shingle

Building

Lot Description 2-4 Lots

Story 2

Sewer In Connected and Paid

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco, Wood Siding

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Berkshire Hathaway HomeServices California Propert

NEARBY SCHOOL & BUSINESS

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Sharlotte Blake

+1(323) 219-1101

Broker Associate License ID: 02035876

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Los Angeles, CA

2612 Locksley Pl Los Angeles, CA 90039

Sharlotte Blake

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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2612 Locksley Pl