Located atop the hill in prime Silver Lake, this triplex at 967 Lucile Avenue offers panoramic views of the Hollywood Hills in a neighborhood where small multifamily opportunities are rarely available. The property is positioned near Sunset Junction, providing convenient access to the cultural, retail, and dining core that defines… Read More Silver Lake. The property consists of three residential units - two 2bed/1bth in the front building and one 1bed/1bth in the back as a stand along. Most units have updated kitchen, bathroom, and floors. With limited triplex inventory in Silver Lake and consistent demand driven by location and views, this property presents a strong opportunity for buyers to owner occupy with stable income and long-term flexibility or buyers seeking stable income and future development. Buyer to verify all property details and optional ADU development ordinance and regulations. 967 Lucile is currently sharing laundry facility on 975 Lucile Ave. The offering is complemented by the availability of the fourplex at 975 Lucile Avenue, which is also on the market. Together, these properties present a rare opportunity to acquire a seven-unit portfolio across two separate lots, a compelling proposition for both investors and owner-occupants seeking to expand their real estate holdings in a prime Los Angeles location. Read Less
Listing Snapshot
Days Online
18
Last Updated
Beds
5
Square Ft.
2,577
Lot Size
0.15 Acres
Year Built
1942
MLS Number
26642493
Additional Details
Building
Built in 1942, Living area: 2577.0, 2 buildings, Levels: Two
Disclosures
RentControl
Garage
3 spaces
Income
Gross Income: $82,242, Net Operating Income: $58,170.5
Laundry
None
Lot
0.1523 acres
Property
CityLights, Hills
Sewer
SewerTapPaid
Taxes
Parcel Number: 5427012002, 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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