PRICE IMPROVEMENT! Prime 6 Unit Silver Lake Investment Property - Three Units Delivered VacantWell maintained asset on the market for the first time in a generation. Three units are vacant and ready day one for your updates. Capitalize on Silver Lake's strong rental demand for a submarket market best… Read More 7.53% purchase CAP rate. All units are large two bedroom one baths (950 sf +/-) with functional floor plans and include; spacious living room with lots of natural light, dining area, separate kitchen, full bath and 2 generous sized bedrooms. Four units have the potential for private outdoor space (2 units have balconies and 2 have patio areas).Located close to Sunset Junction, Farmers Market, Erewhon, Intelligensia, Bacarai and the Virgil Village; Sqirl, Budoniki, Courage BagelsAdditional property features include four car port parking space and shared coin operated laundry room. Don't miss this opportunity to acquire a building with both say one and future upside. Read Less
Property listed by Figure 8 Realty, Joel Nass 310-259-7556
Listing Snapshot
Days Online
106
Last Updated
Beds
12
Square Ft.
5,699
Lot Size
0.17 Acres
Year Built
1956
MLS Number
26646959
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1956, Living area: 5699.0, 1 building, 2 stories, Levels: Two
Cooling
None
Disclosures
RentControl
Floors
Tile, Wood
Heating
WallFurnace
Income
Gross Income: $207,672, Net Operating Income: $157,802
Interior Features
CeilingFans
Laundry
LaundryRoom
Lot
0.1733 acres, Dimensions: 50x150
Parking
4 total parking spaces, Carport
Property
RepairsCosmetic
Taxes
Parcel Number: 5427012018, Zoning: LARD2
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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