Income-Producing Silver Lake Triplex | $158,880 Annual Gross Income Exceptional opportunity to own a well-maintained triplex in the heart of Silver Lake, situated on a rare street-to-street lot with city and hillside views. The property generates approximately $158,880 in annual gross rental income, offering immediate cash flow in one of Los Angeles' most desirable rental markets. The property features three separate residences: a spacious 5-bedroom residence renting for $7,390/month, a 2-bedroom unit at $3,200/month, and a 1-bedroom unit at $2,650/month. Separate entrances, dedicated garage and parking, abundant natural light, amazing view of the hillside and neighborhood and a flexible layout make this an excellent opportunity for an investor, owner-user, or multi-generational household. Ideally positioned near Silver Lake Reservoir, Sunset Junction, Echo Park and Downtown Los Angeles, with convenient access to dining, shopping, entertainment and major commuter routes. A rare combination of strong existing income, three separate residences, views, and a prime Silver Lake location
| MLS # | SR26199701 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 46 |
| Listing Provided By | Alex Hartounian | Alec Petrossian |
| SQ Feet | 4,120 |
|---|---|
| Garage | 2 |
| Story(s) | 3 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.11 |
| Appliances | Dryer, Washer |
|---|---|
| Fireplace Yes / No | No |
| Lot Features | Two To Five Units Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Curbs, Dog Park, Lake, Park, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Silver Lake |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $2,098,000 low | high Med: $1,050,000 sqft: 4,120 low | high Med: 1,456 $ / sqft: $509 low | high Med: $748 On site: 46 low | high Med: 63.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Silver Lake |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $2,098,000 low | high Med: $1,050,000 sqft: 4,120 low | high Med: 1,456 $ / sqft: $509 low | high Med: $748 On site: 46 low | high Med: 63.5 | |