REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Bobby And Michelle Schaffer

sold@legacyhouserealty.com +1(951) 533-7744

$ 2,750,000

Est. payment | -/mo

14 Beds

14 Baths

6,416 SqFt

Save

$ 2,750,000

Est. payment | -/mo

Save

14 Beds

14 Baths

6,416 SqFt

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,416 sqft

Price per Sqft $428

MLS Listing ID 26866393

Bedrooms 14

HOA Y/N No

Year Built 1991

Lot Size 6,499 Sqft

Property Description

FIRST TIME ON THE MARKET IN OVER 20 YEARS! Exclusive 8-Unit Apartment Building in the Heart of Silver Lake. Rare opportunity to acquire a beautifully maintained 8-unit apartment building in one of Los Angeles' most sought-after rental markets, Silver Lake. This exceptional income-producing asset generates nearly $19,000 per month in gross rental income, offering investors immediate cash flow with additional upside potential. This charming Streamlined Moderne-style building exudes character and architectural appeal while blending timeless design with thoughtful renovations. Several units have been tastefully upgraded with modern finishes, including beautiful Spanish tile flooring, enhancing tenant appeal while reducing future capital expenditures. The upper units boast dramatic 20-foot ceilings, multiple private balconies, abundant skylights, and an incredible amount of natural light, creating bright and spacious living environments. Select units also feature breathtaking panoramic views of the Silver Lake Reservoir, the surrounding mountains, and the iconic Griffith Observatory. The property is fully gated, providing residents with privacy, security, and peace of mind.The property presents an attractive combination of stable income and future value-add potential, making it an ideal investment for both seasoned multifamily investors and those looking to expand their portfolio in one of Los Angeles' strongest rental markets.Prime Silver Lake Location: Situated in the vibrant heart of Silver Lake, residents enjoy an unbeatable lifestyle within walking distance of the scenic Silver Lake Reservoir, surrounding parks, the popular dog park, Whole Foods, and an outstanding collection of acclaimed restaurants, trendy cafes, wine bars, and boutique shopping. The property is centrally located just minutes from the 5 and 2 Freeways, providing convenient access throughout Los Angeles. Residents are only a 1015 minute drive from Los Feliz, Hollywood, Downtown Los Angeles, Echo Park, Eagle Rock, Pasadena, and many of the city's most vibrant neighborhoods. With its exceptional architectural charm, strong rental income, upgraded units, panoramic reservoir views, gated setting, and one of the best locations in Silver Lake, this is a rare opportunity to acquire a premier multifamily asset in one of Los Angeles' most desirable and continually appreciating neighborhoods.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Washer

Exterior

Parking Features Gated

Pool None

Total Parking Spaces 14

Private Pool No

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5439001031

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Laura Meldere Beverly & Company Luxury Properties #01963657

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California 92592, USA

2305 Glendale BLVD Los Angeles, CA 90039

Bobby And Michelle Schaffer

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

2305 Glendale BLVD