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This 9-unit multifamily property is a prime investment opportunity, offering diverse rental options across three buildings. The front building features four units: two spacious studio units and two 1-bedroom units. At the center of the property is a charming standalone cottage. The back building houses four fully-renovated studios, each upgraded with laminate floors, new cabinets, fresh paint, and new appliances. Two studios come with dedicated parking spaces. A shared community garden adds charm and a sense of community within the urban landscape. For investors looking to maximize returns, the front building includes a 7-foot crawl space, offering potential to convert into two additional ADU units. Buyer to investigate. With a total of 9 existing units and room for further development, this property is an exceptional opportunity for long-term rental income.
Property Type(s):
Commercial
| Last Updated | 12/19/2024 | Year Built | 1925 |
|---|---|---|---|
| Community | Silver Lake - Echo Park | County | Los Angeles |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | Silver Lake - Echo Park |
| HEAT | Central, Heat Pump, Wall Furnace |
| HOA DUES | 0 |
| LOT | 6906 sq ft |
| LOT DESCRIPTION | Front Yard, Garden, Rectangular Lot |
| STORIES | 2 |
| ZONING | LARD2 |
Location
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Listed with Keller Williams Larchmont
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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