Property listed by eXp Realty of Greater Los Angeles, Felipe Crook 213-268-6832
$1,399,990
Prime Silver Lake value-add opportunity at 1421 Silver Lake Blvd. This rare offering includes a four-unit fixer-upper plus the adjoining vacant lot next door, presenting exceptional upside for investors, developers, and buyers seeking long-term potential in one of Los Angeles’ most in-demand rental markets. The property consists of four vacant… Read More units (three 1-bedroom units and one 2-bedroom unit) and includes three garages.
Located just minutes from Sunset Blvd and a short walk to the Silver Lake Reservoir, the property offers excellent access to popular dining, shopping, and everyday conveniences. The adjoining lot is located in a Transit Oriented Communities (TOC) area, creating a compelling future development angle—TOC incentives may allow additional development flexibility, including potential benefits related to density and parking (buyer to verify).
All units will be delivered vacant, offering immediate repositioning potential and the ability to establish new leases at market terms. The unit mix also offers flexibility for a buyer who plans to occupy one unit while leasing the remaining units for additional income. A rare chance to renovate, stabilize, and unlock value in a premier Silver Lake location. Read Less
Listing Snapshot
Days Online
12
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1954
MLS Number
PW26020066
Additional Details
Building
Built in 1954, 1 building, 3 stories, Levels: One, Two, Entry level: 2, Entry location: 2
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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