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

$1,249,000

Est. payment - /mo

3 Beds

3 Baths

2,490 SqFt

Save

Open House

Sun Oct 11, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,490 sqft

Price per Sqft $501

MLS Listing ID 26939347

Bedrooms 3

HOA Y/N No

Year Built 1924

Lot Size 4,861 Sqft

Property Description

A rare and versatile three-unit corner property featuring charming Spanish-style 1 bedroom, 1 bathroom residences in Silver Lake. Ideally located, this property is just moments from Silver Lake Boulevard, the Reservoir, dog park, and Sunset. It includes a charming side-by-side duplex, in addition to a detached rear building, with a vacant residence filled with natural light, separation and privacy. The occupied homes currently generate $4,246/month in gross rents ($50,952 annually). With the rear unit delivered vacant, the property offers immediate flexibility for an owner-user or investor, with projected market rents of approximately $7,400/month ($88,800 annually). Set back from the street, the front duplex offers two spacious side-by-side 1 bedroom, 1 bathroom residences. Each is complete with enchanting built-ins, hardwood flooring, terracotta tile floors, large living room, separate dining room, kitchen with ample storage, and individual laundry rooms -- combining original character with comfortable everyday living. Privately positioned at the rear of the property, the vacant 1 bedroom, 1 bathroom residence sits above a four-car garage and is accessed by its own entry and interior staircase. Filled with natural light, the home offers a generous living room, beautiful built-ins, and an airy bedroom with ample storage. The kitchen includes plenty of cabinetry and an adjoining laundry area with an in-unit washer and dryer. Two of the garage spaces are designated for this residence, providing valuable parking and additional storage. A gated driveway separates the two buildings and creates, not only privacy, but an additional outdoor space and an inviting spot for a morning coffee, reading, or relaxing outside. The property is located within close proximity to Silver Lake's most beloved neighborhood destinations, including LAMILL Coffee, L&E Oyster Bar, Botanica Restaurant & Market, and Bar Besito. With three distinct residences, four garage spaces, a vacant unit, and meaningful rental upside, this is a compelling opportunity for an owner-user or investor in one of Los Angeles' most sought-after neighborhoods.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway

Garage Spaces 4.0

Garage Description 4.0

Pool None

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level One,Two

Architectural Style Spanish

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 5431038020

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Lori Harris Keller Williams Realty Los Feliz #02132297

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

2933 Swan PL Los Angeles, CA 90026