$1,610,000
$1,450,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
3,157 SqFt
SOLD DATE : 09/20/2024
Key Details
Sold Price $1,610,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,157 sqft
Price per Sqft $509
MLS Listing ID 24410757
Sold Date 09/20/24
Bedrooms 5
HOA Y/N No
Year Built 1910
Lot Size 0.264 Acres
Property Description
Opportunity knocks at this 11,520 SF LOT! Unlock the potential and don't miss out on your chance to own a character filled multi-unit property in one of the most desirable neighborhoods in Silver Lake. Centrally located only a couple of blocks from the Silver Lake Reservoir, the highly regarded Ivanhoe Elementary, and a multitude of trendy and stylish restaurants, coffee bars, and shops along Rowena Avenue. The front house is a classic California Spanish style side-by-side duplex. Each unit has 1 bedroom and 1 bath and includes living and dining areas as well as their own laundry. Both are filled with charming details including French windows, arched entryways, hardwood floors, and original built-ins. Behind the duplex above the detached garage resides a light and bright studio. As you continue along the expansive property, next you'll discover the sizable and equally charming single-family home consisting of 2 bedrooms, 1 bath plus a bonus room and basement storage area. Beyond the home is yet another garage. With renovation and a keen eye, all units have enormous upside potential for any savvy investor or first-time buyer wanting to build their real estate portfolio. Don't miss out on this gem in the heart of a vibrant beloved neighborhood, close to freeways and public transportation, and walking distance to all the treasures the Silver Lake community has to offer.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR1
Interior
Heating None
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features None
Pool None
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5434033021
Special Listing Condition Standard
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Bought with Zach Krasman • Compass
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Broker Associate | Lic# 00870450