This fourplex at 975 Lucile Avenue consisting of 4 one-bedroom and one-bathroom units is a premium Silver Lake income property, perched on a rare flat hilltop setting with panoramic views toward the Hollywood Hills. The property enjoys a highly desirable location near Sunset Junction, one of Silver Lake's most established… Read More and recognizable neighborhood hubs, and the Bellevue Park and Recreation Center. The hilltop position, open views, and proximity to Sunset Junction support long-term tenant demand in a supply-constrained Silver Lake pocket. A compelling opportunity to acquire a well-maintained, view-oriented multifamily asset in one of Los Angeles' most sought-after rental neighborhoods. 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 potential ADU ordinance and regulations. The offering is complemented by the availability of the triplex at 967 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
4
Square Ft.
3,034
Lot Size
0.17 Acres
Year Built
1953
MLS Number
26642499
Additional Details
Building
Built in 1953, Living area: 3034.0, 2 buildings, Levels: Two
Disclosures
RentControl
Garage
3 spaces
Income
Gross Income: $93,740, Net Operating Income: $59,358
Laundry
CommonArea
Lot
0.1688 acres
Property
CityLights, Hills
Taxes
Parcel Number: 5427012001, 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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