Rare Silver Lake triplex offering a unique street-to-street hillside lot. Generating approximately $157,800 in annual gross income and an estimated 5.75% in-place cap rate and 5.9% pro-forma cap rate, this property presents an exceptional opportunity for investors, owner-users, or multigenerational living.
The property includes a spacious 5-bedroom unit currently rented month-to-month at $7,390 per month, creating future flexibility for owner occupancy or continued income production. Two additional units generate stable rental income in one of Los Angeles’ most sought-after rental markets.
Features include dedicated parking, separate unit access, abundant natural light, and a versatile layout ideal for a variety of ownership strategies. Conveniently located near the Silver Lake Reservoir, Sunset Junction, Echo Park, DTLA, dining, shopping, and nightlife.
Recently reduced to $2,198,000. Strong in-place income with long-term upside potential. Rent roll, operating expenses, and additional financial information available upon request. Buyer to independently verify all information, permits, square footage, zoning, and income/expense figures.
Investment package including rent roll, operating expenses, and additional financial information available upon request.
Buyer to independently verify square footage, permits, zoning, and all income/expense information.