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$1,980,000
Est. payment /mo
6,904 Sqft Lot
UPDATED:
01/14/2025 01:00 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24473480
HOA Y/N No
Year Built 1925
Lot Size 6,904 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Heating Central, Heat Pump, Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Front Yard, Garden, Rectangular Lot
Story 2
Others
Tax ID 5159004017
Special Listing Condition Standard
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Listed by Tiffany Chin • Keller Williams Larchmont
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Chris & Courtney Cameron
Agent | Office DRE #02021421 | 01766250
Agent Office DRE #02021421 | 01766250