Request More Info
Schedule a Showing
Share
Print
|
RENOVATED VACANT DUPLEX WITH INCOME POTENTIAL AND RTI DEVELOPMENT OPPORTUNITY! Situated on an approximately 8,000 sq. ft. gated lot, this property offers investors two distinct opportunities: establish rental income from an extensively renovated duplex or explore a larger residential development utilizing the included Ready-to-Issue (RTI) plans. The existing duplex offers approximately 1,435 sq. ft. of combined living space, consisting of two 2-bedroom, 1-bath residences of approximately 700 sq. ft. each, with essentially identical reverse floor plans. BOTH UNITS ARE VACANT, providing the opportunity to establish new tenancies without assuming existing leases. With no existing rental agreements or inherited rental rates, an investor has the flexibility to evaluate current market rents, establish a leasing strategy, and determine how best to position each residence for future occupancy. Open living and dining areas feature SPC flooring, recessed lighting, matte-black hardware, and wall-mounted heating and air conditioning. Updated kitchens include quartz countertops, white soft-close cabinetry, subway tile backsplashes, stainless steel appliances, undermount sinks, and pull-down faucets. Each residence includes two bedrooms with mirrored closets and lighted ceiling fans, an updated full bathroom with quartz countertop and glass-enclosed tub/shower, hallway storage, and an in-unit laundry closet with stackable washer and dryer. Gated entry provides ON-SITE PARKING FOR TWO VEHICLES, with a separate pedestrian gate for additional access. Each residence has its own electrical meter, while both share a water meter. Outdoor areas include a shared backyard and individual side-yard spaces. The property's elevated setting also offers views of the HOLLYWOOD SIGN and GRIFFITH OBSERVATORY. For development-focused investors, the property includes RTI plans for TWO THREE-STORY DUPLEX BUILDINGS comprising FOUR PROPOSED 4-BEDROOM, 4-BATH RESIDENCES, with EIGHT PLANNED PARKING SPACES. Two distinct investment strategies, one property: a renovated duplex offering rental income potential today and a separate opportunity for future residential development.
Property Type(s):
Residential Income
| Last Updated | 11/9/2026 | Year Built | 1925 |
|---|---|---|---|
| Community | C21 - Silver Lake - Echo Park | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer Stacked |
| AREA | C21 - Silver Lake - Echo Park |
| EXTERIOR | Lighting |
| INTERIOR | Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting |
| LOT | 8002 sq ft |
| LOT DESCRIPTION | Sloped Up |
| LOT DIMENSIONS | 8002 |
| PARKING | Concrete, Side By Side, Tandem |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills, Mountain(s), Neighborhood |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Park Regency Realty
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.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email