REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,198,000

Est. payment - /mo

4,782 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26101758

HOA Y/N No

Year Built 1979

Lot Size 4,782 Sqft

Property Sub-Type Triplex

Property Description

Motivated Seller! Exceptional opportunity to own a well-maintained triplex in the heart of Silver Lake, situated on a unique street-to-street hillside lot with beautiful city and hillside views. This versatile property generates approximately $157,800 in annual gross income with a 5.75% in-place cap rate, making it an outstanding investment in one of Los Angeles' most sought-after rental markets. The property features three separate units, including a spacious 5-bedroom residence located on Easterly Terrace and the other two additional units on Silver Lake Boulevard, offering excellent flexibility for an owner-user, investor, or multigenerational living. Amenities include dedicated parking, separate unit access, abundant natural light, beautiful views from all units and a flexible layout with strong long-term income potential. Ideally located just minutes from Silver Lake Reservoir, Sunset Junction, Echo Park, Downtown Los Angeles, popular dining, shopping, parks, and major commuter routes. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income, this is a rare opportunity in a premier Silver Lake location. Don't miss your chance to own this exceptional income-producing property!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen, Stacked

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Dog Park, Lake, Park, Street Lights, Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5423023008

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Alec Petrossian Alex Hartounian 818-613-5471, DRE #01864433

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

1825 N Easterly TER Los Angeles, CA 90026