Prime 6 Unit Silver Lake Investment Property – Three Units Delivered Vacant. Well maintained asset on the market for the first time in a generation. Three units are vacant and ready day one for your updates. Capitalize on Silver Lake’s strong rental demand for a submarket market best 7.53% purchase CAP rate. All units are large two bedroom, one baths (950 sf +/-) with functional floor plans and include: spacious living room with lots of natural light, dining area, separate kitchen, full bath and 2 generous sized bedrooms. Four units have the potential for private outdoor space (2 units have balconies and 2 have patio areas). Located close to Sunset Junction, Farmers Market, Erewhon, Intelligensia, Bacarai and the Virgil Village; Sqirl, Budoniki, and Courage Bagels. Additional property features include four car port parking space and shared coin operated laundry room. Don’t miss this opportunity to acquire a building with both say one and future upside.
Multi-Unit (<4), Residential
Bedrooms
12
12
Bathrooms
6
6
Square Feet
5,699 sq ft
5,699 sq ft
Lot Size
7,547 sq ft
7,547 sq ft
Year Built
1956
1956
Parking
4 parking spaces
4 parking spaces
826 Hyperion Avenue,
Los Angeles, California, 90029
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