$1,240,000
$1,299,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,161 SqFt
SOLD DATE : 10/11/2024
Key Details
Sold Price $1,240,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,161 sqft
Price per Sqft $573
MLS Listing ID 24435917
Sold Date 10/11/24
Bedrooms 2
HOA Y/N No
Year Built 1912
Lot Size 7,505 Sqft
Property Description
Beautiful Silver Lake craftsman home brimming with character and tons of potential. Situated on a spacious 7,500 sqft R3 lot, this legal duplex comes with a plethora of options for any buyer: perfect as a starter home for an owner user looking to live in the main home and rent out the 2nd unit for extra income, renovate both units and re-lease at full market rents with the ability to convert the existing 2-car garage into an ADU, or build 9 brand new multifamily units or more using state density bonuses. The front house, 2 bd/1 bath ~1,500 sqft, is spacious & charming with loads of character & original features, while the back house is a 1 bd/1 bath ~700 sqft, recently rented out for $2,800/month! Both units feature their own in-unit washer dryer. Lots of private outdoor space for both units full of greenery with stunning views of all of LA. Located in the heart of Silver Lake within walking distance to all the trendy dining, coffee shops, shopping, and entertainment spots on Sunset Blvd. Property is also situated within close proximity to Echo Park, Koreatown, Downtown LA, the 101 Freeway, and so much more. Both units will be delivered vacant at closing! Do not miss this opportunity to purchase a true gem in one of LA's hottest neighborhoods at an affordable entry price. Contact listing agent for more details or to schedule a showing!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Door-Multi, Garage
Parking Type Door-Multi, Garage
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5401005007
Special Listing Condition Standard
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Bought with Marlin Dginguerian • JohnHart Real Estate
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Broker Associate | Lic# 01905244