$1,950,000
PENDING $145K PRICE DROP

Estimated payment $12,463/month

Total Views 1,424
12 Beds
6 Baths
5,699 Sq Ft
$342 Price per Sq Ft

Highlights

  • Wood Flooring
  • Balcony
  • Ceiling Fan
  • John Marshall High School Rated A
  • Laundry Room

About This Home

PRICE IMPROVEMENT! Prime 6 Unit Silver Lake Investment Property - Three Units Delivered VacantWell maintained asset on the market for the first time in a generation. Three units are vacant and ready day one for your updates. Capitalize on Silver Lake's strong rental demand for a submarket market best 7.53% purchase CAP rate. All units are large two bedroom one baths (950 sf +/-) with functional floor plans and include; spacious living room with lots of natural light, dining area, separate kitchen, full bath and 2 generous sized bedrooms. Four units have the potential for private outdoor space (2 units have balconies and 2 have patio areas).Located close to Sunset Junction, Farmers Market, Erewhon, Intelligensia, Bacarai and the Virgil Village; Sqirl, Budoniki, Courage BagelsAdditional property features include four car port parking space and shared coin operated laundry room. Don't miss this opportunity to acquire a building with both say one and future upside.

Listing Agent

Joel Nass

Figure 8 Realty License #01954931 Listed on: 02/04/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,547 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 5,699 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Central Water Heater

Community Details

  • 6 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5427-012-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,547 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5699
  • Lot Acreage: 0.1733
  • Lot Dimensions: 50x150
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 12
  • Common Walls: Attached
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 342.17

Exterior Features

  • Other Features: Balcony
  • Other Structures: None

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Central Water Heater
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 68.89
  • Assessed Improvement Value: 321124
  • Assessed Land Percent: 31.11
  • Assessed Land Value: 145007
  • Total Assessed Value: 466131
  • Assessor Parcel Number: 5427-012-018
  • Lot Size Area: 7547

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 9.39
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: apartment

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/14/2026 05/14/26 Pending -- -- --
04/29/2026 04/29/26 Price Changed $1,950,000 -6.9% $342 / Sq Ft
02/04/2026 02/04/26 For Sale $2,095,000 -- $368 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26646959

The MLS
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