Los Angeles, CA90039
| 1886 sqft | MLS# GD25159104
Tract:
For Sale $1,450,000
Description
An ultra-rare opportunity to own a Trophy Triplex in the heart of Silver Lake, near the beloved Silver Lake Meadow & Reservoir, and within the Ivanhoe District. This Turnkey, Income-Producing Asset offers a beautiful blend of charm and modern upgrades—perfect for investors or future owner-occupants seeking a premier asset in a coveted location. Each of the three spacious one-bedroom, one-bathroom residences has been thoughtfully renovated, featuring Refinished Original Hardwood Floors, Immaculate Kitchens, and Bathrooms that blend vintage reproduction with contemporary convenience. The Rear Residence is a Standalone Home with a Huge, Shaded Yard—an ultra-desirable feature that drives premium rent and tenant retention, or a perfect house for owner-user. The front unit offers a vast porch with tranquil views. Current Gross Rent: $8,240/month with 15–20% Rental Upside. Over a 5.4 Capitalization Rate in Prime Silver Lake!! Two Garages (1-car and 2-car) + additional parking spaces. There may be potential to add 1–3 ADUs (Buyer to verify). All units are separately metered for gas and electricity. Lovingly maintained and cared for, this Platinum Property offers incredible Cash Flow, Exceptional Appreciation, and an Expansive Value-Add Opportunity. Silver Lake is one of the hottest and fastest appreciating neighborhoods in Los Angeles. There have only been two owners of the property since it was built. Please don't walk onto the property. Showings only with accepted offer. Buyer to cooperate with seller's 1031 exchange.
Facts
| Built in 1940 | Lot Size: 7158.00 sqft | HOA Dues: $0/month
Features
Listing provided by Jason Insalaco, Kelton Properties
Based on information from California Regional Multiple Listing Service, Inc. as of July 17, 2025. 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.
