R3 ZONED!!! Seize this outstanding opportunity to own a six-unit, income-producing property in the highly sought-after Los Angeles neighborhood of Silverlake! Located just a short walk from the beautiful Silver Lake Reservoir, scenic meadows, and the popular dog park, this property offers a fantastic blend of nature & convenience. Set on a lush property with mature, fruit-bearing avocado, fig, and lime trees, each unit in this building is separately metered for utilities. Ensuring a streamlined and efficient investment. Recent upgrades include dual-pane windows, enhancing energy efficiency and comfort. The property also features five covered carport spaces plus two additional uncovered parking spaces—ideal for tenants and visitors alike. From the upper level of the rear unit, enjoy breathtaking pocket views of Silver Lake and the iconic Griffith Park Observatory Dome! With the current R3 zoning, there’s tremendous potential to add up to six additional units (12 total), maximizing equity & income potential. Alternatively, live in one unit and let the rental income from the other five substantially offset your ownership costs. Perfectly situated within walking distance of top-tier shopping and dining options. Including Gelson’s, Whole Foods, Silverlake Wine, The Red LionTavern, and Trader Joe’s! Don’t miss out on this exceptional commercial investment opportunity in one of LA’s most desirable locations! Call today to schedule your private showing.
- Listing Status: Active
- Listing Agent: David Sevanian
(lic# 01275548)
of Southland
- Listing Office: Keller Williams VIP Properties
(lic# 01367726)
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Based on information from CRISNet MLS as of 10th December 2024 at 9:25am. 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.
