2313 Glendale Boulevard

Los Angeles, CA 90039
$2,295,000
0.17 acres | #SR24228853
Courtesy of Keller Williams VIP Properties

Description

R3 ZONED! Seize this outstanding opportunity to own a SIX-UNIT, income-producing property in the highly sought after Los Angeles enclave 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 feeling immersed in a flourishing nature setting, while still just minutes to DTLA & many amazing local attractions! Set on a lush expansive lot with mature, fruit-bearing avocado, fig, and lime trees! Each unit on this property is separately metered for utilities. Promoting a streamlined and efficient investment. Recently upgraded dual-pane windows enhance 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 gorgeous pocket views of Silver Lake and the iconic Griffith Park Observatory Dome! With the current R3 zoning, there’s tremendous future potential to add up to six additional units (12 total), maximizing equity & income potential. Alternatively, live in one unit and let the income from the other five rentals substantially offset your ownership costs.Perfectly situated within walking distance of top-tier shopping & 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.
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  • Property Details
      • Stories:2
      • Lot description:FrontYard, Garden, NearPublicTransit
      • Acres:0.1694
      • Parking spaces:5
      • Property type:Multi-Family
      • Year built:1923
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$2, 295, 000
      • MLS #:SR24228853
      • Cost:2295000
      • Property subtype:Apartment
      • MLS #:SR24228853

Location

The Alcantara GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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