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Don't miss this four unit Atwater multi-family gem located at 3121 Silver Lake Blvd. This property consist of four fully remodeled 1 bed, 1 bath units. One unit is can be used for an owner to live in. All 4 have been remodeled and rent very quickly. Additionally, per a builder, you can create 2 ADU's! You may make two additional studios with the 4 garages or make one big unit. Conservatively, if you make one unit with the garages, you could get you another approximate $2,200 and you would still be able to build another ADU on the property. Current gross income is approximately $9,400 a month with upside for rental increases. That will bring you to a total of $11,600/mo once just the garage ADU is completed and $14,000 if you build both ADU's. It is in a great Atwater location and is a very nice property with plenty of neighborhood parking conveniently located within a couple blocks of Atwater Village Farmer's Market!
Last Updated | 8/12/2024 | Year Built | 1929 |
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Community | Atwater | Garage Spaces | 4.0 |
County | Los Angeles |
Additional Details
AREA | Atwater |
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GARAGE | Yes |
LOT | 4850 sq ft |
LOT DESCRIPTION | Street Level |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | LAR1 |
Location
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