Property listed by Alex Hartounian, Alec Petrossian 818-613-5471
$2,250,000
Silver Lake Hillside Triplex | Strong Cash Flow + Flexible Eastside Living. Rare opportunity to acquire a unique street-to-street Silver Lake hillside triplex generating approximately $162,000 gross annual income with projected 5.2% cap rate in one of Los Angeles’ most sought-after rental markets.
Positioned between Easterly Terrace and Silver Lake Blvd,… Read More the property offers a distinctive multi-level layout with separate unit access, dedicated parking, outdoor stair entry, and a flexible configuration ideal for investor, owner-user, or multi-generational living. The Silver Lake-facing units create an attractive Eastside compound-style feel with privacy, natural light, and convenient direct access from parking areas.
The approximately 4,120 SF property offers strong in-place income, excellent rental demand, and long-term appreciation potential near Sunset Junction, Echo Park, DTLA, and major dining, retail, and nightlife destinations.
Ideal opportunity for investor seeking stable cash flow and upside potential, or owner-user looking to offset monthly ownership costs with substantial rental income in a prime Silver Lake location.
Property features include:
• Approximately $162,000 gross annual income
• Projected 5.2% cap rate
• Flexible multi-unit layout
• Street-to-street hillside access
• Dedicated parking
• Strong rental demand location
• Prime proximity to Silver Lake, Echo Park, and DTLA
• Excellent long-term investment potential
Investment package including rent roll, operating expenses, and additional financial information available upon request.
Buyer to independently verify square footage, permits, zoning, and all income/expense information. Read Less
Listing Snapshot
Days Online
19
Last Updated
Property Type
Triplex
Lot Size
0.11 Acres
Year Built
1979
MLS Number
SR26101758
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1979, 1 building, 3 stories, Entry level: 1, Entry location: 1
Community
Biking, Curbs, DogPark, Lake, Park, StreetLights, Sidewalks
Expenses
Insurance: $5,197, Operating: $33,175
Garage
2 spaces
Income
Gross ScheduledIncome: $157,800, Net Operating Income: $119,893
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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