Description
This triplex presents an exceptional investment opportunity on a quiet street in silver lake, conveniently located and just a short distance to sunset boulevard. the property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. this property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units. the property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. the property also features excellent future development potential with nearly 4k sf of unused site area. conceptual plans are available for constructing two detached accessory dwelling units (adus), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. furthermore, there is potential to construct additional adus by converting the carport. recent changes in ca adu laws present exciting opportunities for adding more units. with a proforma gross scheduled income of $132,324 and approx. noi of $97,240 and an approx. cap rate of 5.7 %, this unique opportunity should not be missed.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48758281
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Sewer Tap Paid
Interior Features
- Fireplace: None
Cooling Features
- Air Conditioning
Heating Source
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1968
- Building Area Total: 2,586
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1882
- Lot Size Source: Public Records
- Lot Size Square Feet: 8200
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Listing Information
Listing Price Information
- Original List Price: 1,695,000
- Listing Contract Date: 2025-02-27
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5427031006
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: C21 - Silver Lake - Echo Park
- Directions: From Silver Lake Blvd. Turn left onto Bellevue Ave and then turn right onto Tularosa Dr.
- Source Property Type: Residential Income
- Area: C21 - Silver Lake - Echo Park
- Property SubType: Triplex
Building and Construction
- Property Age: 57
- Common Walls: No Common Walls
- Structure Type: Triplex
- Year Built Source: Public Records
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 05/13/2025 @ 17:48
- MLS: P1-21022
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 2,586 sqft, 8,200 sized lot, and 0 parking. are nearby neighborhoods.