830 Tularosa Drive, Los Angeles, CA 90026 - MLS#P1-21022

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,695,000

Est. payment - /mo

6 Beds

4 Baths

8,200 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-21022

Bedrooms 6

HOA Y/N No

Lot Size 8,200 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This triplex presents an exceptional investment opportunity on a quiet street in Silver Lake, conveniently located and just a short distance to Sunset Boulevard. The property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. This property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units. The property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. The property also features excellent future development potential with nearly 4k sf of unused site area. Conceptual plans are available for constructing two detached Accessory Dwelling Units (ADUs), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. Furthermore, there is potential to construct additional ADUs by converting the carport. Recent changes in CA ADU laws present exciting opportunities for adding more units. With a Gross Scheduled Income of $132,324 and approx. NOI of $97,240 and an approx. Cap Rate of 5.7 %, this unique opportunity should not be missed.
This triplex presents an exceptional investment opportunity on a quiet street in Silver Lake, conveniently located and just a short distance to Sunset Boulevard. The property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. This property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units. The property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. The property also features excellent future development potential with nearly 4k sf of unused site area. Conceptual plans are available for constructing two detached Accessory Dwelling Units (ADUs), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. Furthermore, there is potential to construct additional ADUs by converting the carport. Recent changes in CA ADU laws present exciting opportunities for adding more units. With a Gross Scheduled Income of $132,324 and approx. NOI of $97,240 and an approx. Cap Rate of 5.7 %, this unique opportunity should not be missed.

Location

State CA

County Los Angeles

Area Los Angeles (90026)

Zoning Public Rec

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Patrick Cochran • Coldwell Banker Realty

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

830 Tularosa Drive Los Angeles, CA 90026

Arash Rokni

Key Details

Location

Building

Others

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