Property listed by DOMO Real Estate, Alexandra Patch 310-251-7225
$1,995,000
For the first time in decades, this multifamily property is available for purchase. This is a rare opportunity to own in one of Los Angeles' most sought-after rental markets. The property features 6 units across two buildings: 2 studios, 2 lofts, 1 one-bedroom, and 1 two-bedroom, all tucked behind mature… Read More landscaping that creates a private and inviting setting for residents. With 4 parking spaces and on-site shared coin-operated laundry providing additional income, this asset offers steady cash flow today and significant upside over time. As tenancy naturally turns over, an investor can upgrade units, adjust rents to market rates, and capture substantial revenue growth. Located just moments from the Silver Lake Reservoir, dog park, and Sunset Blvd., residents enjoy a walkable, creative community known for its boutiques, restaurants, vintage shops, and cultural landmarks. This demand contributes to historically low vacancy rates.1846 Silver Lake Blvd. is the quintessential buy-and-hold opportunity with income now and room for value-add improvements and long-term appreciation in one of LA's most resilient rental submarkets. Units are to be delivered occupied. DO NOT DISTURB TENANTS. Read Less
Listing Snapshot
Days Online
39
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,745
Lot Size
0.11 Acres
Year Built
1950
MLS Number
25580101
30 Days Snapshot Of 90026
$1.80M
+18%
(avg) sold price
10
-28%
homes sold
74
+25%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1950, Building area total: 3,745, Levels: Two, Living area: 3745, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Cooling
None
Fireplaces
WoodBurning
Heating
WallFurnace
Income
Gross income: $156,228, Net operating income: $91,695
Laundry
CommonArea
Lot
0.1112 acres, 4,843 square feet, Size: 4,843
Parking
4 totals parking, Assigned, Covered, Garage
Property
Zoning: LARD2
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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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