$ 1,999,000
3121 Silver Lake Boulevard Los Angeles, CA 90039
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$ 1,999,000
Est. payment | /mo
4 Beds
4 Baths
4,850 Sqft Lot
$ 1,999,000
Est. payment | /mo
4 Beds
4 Baths
4,850 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS24092853
Bedrooms 4
HOA Y/N No
Lot Size 4,850 Sqft
Property Description
Don't miss this four unit Atwater multi-family gem located at 3121 Silver Lake Blvd. This property consist of four fully remodeled 1 bed, 1 bath units. One unit is can be used for an owner to live in. All 4 have been remodeled and rent very quickly. Additionally, per a builder, you can create 2 ADU's! You may make two additional studios with the 4 garages or make one big unit. Conservatively, if you make one unit with the garages, you could get you another approximate $2,200 and you would still be able to build another ADU on the property. Current gross income is approximately $9,400 a month with upside for rental increases. That will bring you to a total of $11,600/mo once just the garage ADU is completed and $14,000 if you build both ADU's. It is in a great Atwater location and is a very nice property with plenty of neighborhood parking conveniently located within a couple blocks of Atwater Village Farmer's Market!
Don't miss this four unit Atwater multi-family gem located at 3121 Silver Lake Blvd. This property consist of four fully remodeled 1 bed, 1 bath units. One unit is can be used for an owner to live in. All 4 have been remodeled and rent very quickly. Additionally, per a builder, you can create 2 ADU's! You may make two additional studios with the 4 garages or make one big unit. Conservatively, if you make one unit with the garages, you could get you another approximate $2,200 and you would still be able to build another ADU on the property. Current gross income is approximately $9,400 a month with upside for rental increases. That will bring you to a total of $11,600/mo once just the garage ADU is completed and $14,000 if you build both ADU's. It is in a great Atwater location and is a very nice property with plenty of neighborhood parking conveniently located within a couple blocks of Atwater Village Farmer's Market!
Don't miss this four unit Atwater multi-family gem located at 3121 Silver Lake Blvd. This property consist of four fully remodeled 1 bed, 1 bath units. One unit is can be used for an owner to live in. All 4 have been remodeled and rent very quickly. Additionally, per a builder, you can create 2 ADU's! You may make two additional studios with the 4 garages or make one big unit. Conservatively, if you make one unit with the garages, you could get you another approximate $2,200 and you would still be able to build another ADU on the property. Current gross income is approximately $9,400 a month with upside for rental increases. That will bring you to a total of $11,600/mo once just the garage ADU is completed and $14,000 if you build both ADU's. It is in a great Atwater location and is a very nice property with plenty of neighborhood parking conveniently located within a couple blocks of Atwater Village Farmer's Market!
Location
State CA
County Los Angeles
Area Los Angeles (90039)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $35
Acceptable Financing Conventional
Space Rent $2,550
Listing Terms Conventional
Listed by TRAVIS ELY • TRAVIS ELY