Property Detail

Description

Motivated Seller! Exceptional opportunity to own a well-maintained triplex in the heart of Silver Lake, situated on a unique street-to-street hillside lot with beautiful city and hillside views. This versatile property generates approximately $157,800 in annual gross income with a 5.75% in-place cap rate, making it an outstanding investment in one of Los Angeles’ most sought-after rental markets. The property features three separate units, including a spacious 5-bedroom residence located on Easterly Terrace and the other two additional units on Silver Lake Boulevard, offering excellent flexibility for an owner-user, investor, or multigenerational living. Amenities include dedicated parking, separate unit access, abundant natural light, beautiful views from all units and a flexible layout with strong long-term income potential. Ideally located just minutes from Silver Lake Reservoir, Sunset Junction, Echo Park, Downtown Los Angeles, popular dining, shopping, parks, and major commuter routes. Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income, this is a rare opportunity in a premier Silver Lake location. Don’t miss your chance to own this exceptional income-producing property!