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$1,450,000
Est. payment /mo
6 Beds
3 Baths
2,288 SqFt
UPDATED:
09/30/2024 06:25 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $633
MLS Listing ID 21702482
Bedrooms 6
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1923
Lot Size 3,828 Sqft
Property Description
WOW!!! POSSIBLE $500k DOWN WITH BUILT-IN FINANCING, NO LOAN FEES, IMMEDIATE CASH-FLOW!! EXCEPTIONAL SILVER LAKE Corner Property! VACANT 2 Bedroom + Basement Owner's Unit that already has improvements, ongoing! Make it yours - Colors and More! OR, Rent this Vacancy AT Top Dollar Market Rates! Hidden away Silver Lake Corner Property with a Woodsy Curb Appeal. Assumable First Trust Deed: $820,000 5% FIXED Interest, with NO pre-pay fees, and NO Loan Fees for the Assumption, payable $3,417/month! Wonderful LUSH LANDSCAPE with Each Unit Private from the other units! Classic Character throughout! (circa 1923) Pre-Depression Construction (built better those days!). THREE Units Include the following: UNIT ONE: VACANT 2 Bed--1 Bath Owner's Unit (includes a Private Lower Level Basement - Estimated Rental Value: $4,000/month)....Plus UNIT TWO: 2 Bed--1 Bath Unit (Rented for $1,883/month)....Plus UNIT THREE: 1 Bed--1 Bath Unit ALL UPDATED with pictures online (Estimated Rental Value: $2,750/month). Great Silver Lake Location! A lovely Woodsy Setting...Storage Structure included in back with Laundry Area! Every Unit has a Private Entrance. Exterior Newly Painted, and so much more! Emotional and Exciting Offering, must see to appreciate! INCOME DETAILS BELOW are based upon projected rent & expenses are based upon Property Taxes & Utilities. Don't miss this one!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Heating Combination, Central
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer
Exterior
Garage Assigned
View Y/N Yes
View Hills, Trees/Woods
Total Parking Spaces 2
Building
Faces West
Entry Level Two
Architectural Style Spanish
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5426013003
Special Listing Condition Standard
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Listed by Bruce Jay • Bruce Jay Associates