242 N Dillon Street
Los Angeles, CA, 90026
$4,995,000
Beds
0 Baths
SqFt
0.15 Acres
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242 N Dillon is a brand-new, NON-RENT-CONTROLLED 2025 five-unit luxury community located just seconds from Silver Lake, one of LA’s most sought-after rental markets. This architectural gem combines prime location, high-end finishes, and strong returns, offering investors a projected 5.68% cap rate with minimal expenses.

Set on a gentrifying street with standout curb appeal, 242 N Dillon features five expansive units — including one massive 5-bedroom tri-level townhome (2,356 SF) and four oversized 4-bedroom units — all with private entrances and thoughtfully designed, renter-friendly floorplans. Each unit is separately metered for all utilities and comes with a full 1-year builder’s warranty, ensuring low maintenance and long-term stability.

Luxury features include designer tile, custom cabinetry, stainless steel appliances, oversized kitchen islands, high ceilings, balconies, large closets, and stunning 360-degree rooftop decks. The building is enhanced by drought-tolerant landscaping, ample parking, and natural light throughout.

With no rent control, high-income potential, and top-tier design, 242 N Dillon is a rare opportunity to own a high-performing, low-maintenance asset in one of LA’s most competitive rental corridors. Don’t miss your chance to secure a trophy property in this highly desirable rental pocket of LA.

Property Details

Price:
$4,995,000
MLS #:
BB25177609
Status:
Active
Baths:
0
Address:
242 N Dillon Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Aug 6, 2025
State:
CA
ZIP:
90026
Lot Size:
6,370 sqft / 0.15 acres (approx)
Year Built:
2025
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Interior

Appliances
Dishwasher, Electric Oven, Electric Range, Instant Hot Water, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Laundry Features
Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included

Exterior

Architectural Style
Modern
Community Features
Sidewalks, Street Lights
Exterior Features
Lighting
Parking Features
Uncovered
Parking Spots
9.00

Financial

Taxes
$59,925

Map

Community

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242 N Dillon Street
Los Angeles, CA