Home for Sale in Silver Lake, CA
Seize the chance to acquire a promising multi-family development opportunity in the heart of Silver Lake, one of Los Angeles’ most desirable neighborhoods. The property includes a duplex with an accessory dwelling unit (ADU), combining the charm of a spacious detached single-family home with excellent rental income potential. The first unit features a generous 3-bedroom, 2-bathroom layout with 1,226 sq. ft. of living space. The second unit offers a comfortable 2-bedroom, 2-bathroom design spanning 769 sq. ft. Below the second unit lies a modern ADU, a 2-bedroom, 2-bathroom space providing an additional 687 sq. ft. of rental potential. Currently undergoing an extensive renovation, this property allows buyers to customize and complete it to their specifications. Significant updates, including foundation work, framing, and some plumbing and HVAC have already been completed, saving you time and upfront costs. Located just five minutes from the vibrant Sunset Boulevard, residents will enjoy easy access to trendy cafes, restaurants, boutiques, and entertainment options in one of Silver Lake’s most eclectic and high-demand neighborhoods. This property offers strong investment potential, with high rental yields and the possibility of conversion into a Tenants-In-Common (TIC) sale for maximizing returns. Don’t miss this opportunity to invest in a thriving community with excellent returns.
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