$999,999

665 Silver Lake Blvd Los Angeles, CA 90026

Estimated payment $6,407/month

Total Views 406
7 Beds
5 Baths
3,850 Sq Ft
$260 Price per Sq Ft

Highlights

  • Community Lake
  • No HOA
  • Laundry Room
  • Bonus Room
  • Park
  • Storage

About This Home

Located in the heart of Silver Lake! Don't miss this amazing OPPORTUNITY!! Must be seen! Great investment! Charming 5-unit property with a 6th non conforming unit just waiting to be converted to a possible legal ADU. Super Low rents with so much upside. Great unit mix with two 2 bedroom units and 3 one bedroom units and a potential future ADU, incredible 13 CAP at market rents and 6 GRM. Trust Sale.

Listing Agent

Edward Dolce

Rodeo Realty Brokerage Phone: 818-326-3623 License #01232430 Listed on: 09/02/2025

Rodeo Realty

Co-Listing Agent

Ken Marker

Rodeo Realty Brokerage Phone: 818-326-3623 License #00977263

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,936 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Storage
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 2
  • Assessor Parcel Number 5401018015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,236
  • Other Expense $480
  • Water Sewer Expense $3,600
  • New Taxes Expense $12,000
  • Operating Expense $21,316
  • Gross Income $64,032
  • Net Operating Income $42,716

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.00
  • Price Per Unit: 200000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5401018015
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Storage
  • Stories: 2
  • Entry Location: Front, Back
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 259.74
  • Room Type: Bonus Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Lake, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5936.00
  • Lot Size Acres: 0.1363

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Garage Income: 480.00
  • Gross Income: 64032.00
  • Gross Multiplier: 15.60
  • Gross Scheduled Income: 64032.00
  • Insurance Expense: 5236.00
  • Laundry Income: 1200.00
  • Lot Size Area: 5936.0000 Square Feet
  • Net Operating Income: 42716.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 21316.00
  • Operating Expense Percent: 33.30
  • Other Expense: 480.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Actual Rent: 5136.00
  • Total Expenses: 21316.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 1958.03
  • Tax Lot: 75
  • Tax Tract Number: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $999,999 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25194999

California Regional Multiple Listing Service (CRMLS)