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$ 2,650,000
Est. payment | /mo
5,042 SqFt
$ 2,650,000
Est. payment | /mo
5,042 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,042 sqft
Price per Sqft $525
MLS Listing ID CL25596397
HOA Y/N No
Year Built 1956
Lot Size 0.314 Acres
Acres 0.31
Property Sub-Type Other
Property Description
Prime Silver Lake location near Koreatown, this well-maintained 11-unit apartment building sits on a 12,669 sqft corner lot with an approx. 6,800 sqft building. Four units will be delivered vacant at closing, creating immediate upside potential. All units are separately metered for gas and electricity, with tenants covering their own utilities. The property also includes a spacious parking lot for 12 vehicles a rare amenity in this high-demand neighborhood. Silver Lake is known for its vibrant, creative community and attracts young professionals, artists, and tech-driven renters seeking walkability, lifestyle, and culture. Surrounded by trendy dining, cafes, boutiques, and outdoor amenities like the Silver Lake Reservoir, the neighborhood consistently outperforms other LA markets in rental demand and appreciation. With rising incomes, low vacancy, and continued infrastructure and community investment, Silver Lake is positioned for strong long-term growth. With stable income in place, four vacant units for repositioning, and prime location in a thriving rental hub, this property presents an exceptional opportunity for investors to expand their portfolio. Please do not disturb tenants. Drive-by only. Showings for serious buyers with accepted offers.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 5401023027
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Bruce Lee • TRRG Management
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447