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3 ON A LOT - The front house features 2 bedrooms 2 baths, sleek new wood coverings throughout, updated interior doors, and ceilings are crafted in stunning high gloss wood panels. Owning three houses on a lot in the vibrant neighborhood of Silver Lake, California, is a fantastic opportunity! Silver Lake is known for its artistic vibe, scenic reservoir, and proximity to downtown Los Angeles, making it one of the city's most desirable areas. If you're looking into this as an investment, multi-unit properties like this can be a great source of income, either for long-term rentals, short-term rentals, or even a combination of both. Live in one house and rent out the others. With Silver Lake's blend of creative energy, dining options, and eclectic architecture, a multi-house property in this area holds great appeal and potential for appreciation. Development of nearby Silver Lake Reservoir, 116 acres of the 127-acre Silver Lake and Ivanhoe reservoir complex into park space. Including Habitat Islands, new spaces within the reservoir itself to introduce fish and other species. Seller may be willing to "carry back" a portion. Garage leased brings additional $1300 per month.
Property Type(s):
Residential Income
| Last Updated | 11/19/2024 | Year Built | 1961 |
|---|---|---|---|
| Community | Silver Lake - Echo Park | County | Los Angeles |
Additional Details
| APPLIANCES | Built-In, Dishwasher, Disposal, Dryer, Microwave |
|---|---|
| AREA | Silver Lake - Echo Park |
| CONSTRUCTION | Concrete, Stucco, Synthetic Stucco |
| FIREPLACE | Yes |
| GARAGE | Door-Multi, Garage, Yes |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6654 sq ft |
| PARKING | Door-Multi,Garage |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Canyon,Mountain(s) |
| ZONING | LARD1.5 |
Location
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Listed with John L. Scott Real Estate
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