2249 Duane Street 4 Unit 4, Silver Lake, CA 90039

$2,295,000
List Price
$2,295,000
Status
ACTIVE
MLS#
GD22214745
Year Built
1927
Lot Size
7,535
Acres
0.17
Lot Location
Front Yard, Landscaped
Days on Market
58
Property Type
Multifamily

Property Description

This perfect free-standing two-story multi-tenant building is located in the prime area of Los Angeles in Silver Lake, near Atwater Village, Los Feliz, Hollywood, East Hollywood, and Dodger Stadium. This amazing asset is consisting of eight bedrooms and eight bathrooms, totaling approximately 4,696 square feet on approximately 7,535 square feet of land. BONUS: approximately over 800 sqft basement in shell condition with potential for an ADU or 5th unit. Built in 1927, this investment is 100% occupied and has steady tenants generating a great cash flow with an upside in rents. At this time, all tenants are current with rents. As of November 1st, unit #2 will be delivered vacant. As of November 15, unit #3 will be vacant. This add value opportunity is perfectly situated near the famous Silver Lake Reservoir, the Meadows, dog park, and many shops and restaurants. with extremely high traffic counts and great visibility. DO NOT DISTURB TENANTS! Drive by only subject to inspection.

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights, Trees/Woods
Roof
Flat
Garage Spaces Total
4
Sewer
Unknown
Water
Other
Interior Features
Balcony, Open Floorplan, Recessed Lighting, Storage, Unfurnished
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$171,600
Operating Expense
37706

Listing courtesy of Listing Agent: Karine Aslanian (Karine.Aslanian@TheAgencyRE.com) from Listing Office: The Agency.

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.