1825 N Easterly Terrace, Silver Lake, CA 90026

$2,098,000

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List Price
$2,098,000
Status
ACTIVE
MLS#
SR26199701
Year Built
1979
Lot Size
4,783
Acres
0.11
Lot Location
2-5 Units/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

Income-Producing Silver Lake Triplex | $158,880 Annual Gross Income Exceptional opportunity to own a well-maintained triplex in the heart of Silver Lake, situated on a rare street-to-street lot with city and hillside views. The property generates approximately $158,880 in annual gross rental income, offering immediate cash flow in one of Los Angeles’ most desirable rental markets. The property features three separate residences: a spacious 5-bedroom residence renting for $7,390/month, a 2-bedroom unit at $3,200/month, and a 1-bedroom unit at $2,650/month. Separate entrances, dedicated garage and parking, abundant natural light, amazing view of the hillside and neighborhood and a flexible layout make this an excellent opportunity for an investor, owner-user, or multi-generational household. Ideally positioned near Silver Lake Reservoir, Sunset Junction, Echo Park and Downtown Los Angeles, with convenient access to dining, shopping, entertainment and major commuter routes. A rare combination of strong existing income, three separate residences, views, and a prime Silver Lake location

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$158,880
Operating Expense
33173

Listing courtesy of Listing Agent: Alec Petrossian (sellingproperties@aol.com) from Listing Office: Alex Hartounian.

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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.