3 ON A LOT - The front house features 2 bedrooms 2 baths, sleek new wood coverings throughout, updated interior doors, and ceilings are crafted in stunning high gloss wood panels. Owning three houses on a lot in the vibrant neighborhood of Silver Lake, California, is a fantastic opportunity! Silver… Read More Lake is known for its artistic vibe, scenic reservoir, and proximity to downtown Los Angeles, making it one of the city's most desirable areas. If you're looking into this as an investment, multi-unit properties like this can be a great source of income, either for long-term rentals, short-term rentals, or even a combination of both. Live in one house and rent out the others. With Silver Lake's blend of creative energy, dining options, and eclectic architecture, a multi-house property in this area holds great appeal and potential for appreciation. Development of nearby Silver Lake Reservoir, 116 acres of the 127-acre Silver Lake and Ivanhoe reservoir complex into park space. Including Habitat Islands, new spaces within the reservoir itself to introduce fish and other species. Seller may be willing to carry back a portion. Garage leased brings additional $1300 per month. Read Less
Property listed by John L. Scott Real Estate, John Scott 323-405-2500
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Beds
5
Square Ft.
3,352
Lot Size
0.15 Acres
Year Built
1961
MLS Number
24461929
30 Days Snapshot Of 90026
$1,175k
-11%
(avg) sold price
17
+21%
homes sold
82
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
BuiltIn, Dishwasher, Disposal, Microwave, Dryer
Building
Built in 1961, Building area total: 3,352, Levels: One, Two, Living area: 3352, 1 story, 3 buildings, Construction materials: Concrete, Stucco, SyntheticStucco
Community
Gated
Fireplaces
LivingRoom
Floors
Laminate, Wood
Heating
Central
Income
Gross income: $60,000, Net operating income: $49,000
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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