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$ 1,695,000
Est. payment | /mo
8,200 Sqft Lot
$ 1,695,000
Est. payment | /mo
8,200 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-21022
HOA Y/N No
Lot Size 8,200 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This triplex presents an exceptional investment opportunity on a quiet street in Silver Lake, conveniently located and just a short distance to Sunset Boulevard. The property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. This property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units. The property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. The property also features excellent future development potential with nearly 4k sf of unused site area. Conceptual plans are available for constructing two detached Accessory Dwelling Units (ADUs), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. Furthermore, there is potential to construct additional ADUs by converting the carport. Recent changes in CA ADU laws present exciting opportunities for adding more units. This unique opportunity should not be missed.
This triplex presents an exceptional investment opportunity on a quiet street in Silver Lake, conveniently located and just a short distance to Sunset Boulevard. The property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. This property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units. The property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. The property also features excellent future development potential with nearly 4k sf of unused site area. Conceptual plans are available for constructing two detached Accessory Dwelling Units (ADUs), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. Furthermore, there is potential to construct additional ADUs by converting the carport. Recent changes in CA ADU laws present exciting opportunities for adding more units. This unique opportunity should not be missed.
This triplex presents an exceptional investment opportunity on a quiet street in Silver Lake, conveniently located and just a short distance to Sunset Boulevard. The property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. This property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units. The property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. The property also features excellent future development potential with nearly 4k sf of unused site area. Conceptual plans are available for constructing two detached Accessory Dwelling Units (ADUs), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. Furthermore, there is potential to construct additional ADUs by converting the carport. Recent changes in CA ADU laws present exciting opportunities for adding more units. This unique opportunity should not be missed.
Location
State CA
County Los Angeles
Area Los Angeles (90026)
Zoning Public Rec
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Patrick Cochran • Coldwell Banker Realty
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Keegan Wetzel
Founder of Multifamily | License ID: 02153342