- – beds
- – baths
- – sqft
- 7,378 sqft lot
- 1923 build
- – on site
R3 ZONED SILVER LAKE GEM – SIX UNITS + DEVELOPMENT POTENTIAL!!! Unlock exceptional value and future opportunity with this rare income-generating 6-unit property in the heart of Silver Lake, one of Los Angeles’ most coveted and vibrant neighborhoods! Just a short stroll from the scenic Silver Lake Reservoir, lush meadows, and the community-favorite dog park, this property delivers the perfect fusion of urban convenience and natural tranquility. Nestled on a generously sized, verdant lot, the grounds are dotted with mature, fruit-bearing avocado, fig, and lime trees, creating a serene retreat for tenants and owners alike. Each of the six units is individually metered for utilities, ensuring straightforward management and maximizing profitability. Recent upgrades include energy-efficient dual-pane windows, enhancing interior comfort and lowering utility costs. The property also features five covered carport spaces and two additional uncovered parking spots, offering a total of seven on-site spaces—an increasingly rare and valuable amenity in the area. The upper rear unit boasts lovely pocket views of Silver Lake and the iconic Griffith Park Observatory dome, offering a unique and desirable perspective of LA’s most iconic landmarks. Zoned R3, the property holds tremendous upside: there’s potential to build up to six additional units (for a total of 12), offering long-term equity growth and significantly expanded rental income potential. Whether you’re a seasoned investor or an owner-user, the flexibility is unmatched—live in one unit and let the other five help pay your mortgage! Just minutes from Downtown LA, less than 2.5 miles to Dodger Stadium, and within walking distance to Silver Lake’s top-tier retail and culinary hotspots—including Gelson’s, Whole Foods, Silverlake Wine, Trader Joe’s, and the iconic Red Lion Tavern—this is truly a can’t-miss opportunity in one of LA’s strongest rental and lifestyle markets. Schedule your private showing today and take the next step toward exceptional returns in a near-unbeatable location!
Last checked:
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Last updated Jun 25, 2025
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MLS# SR25139254 —
The Building
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Year Built:1923
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3954.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:3
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:6
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# of Separate Electric Meters:6
Interior
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Levels:Two
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Entry Location:1
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Inside
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Laundry:1
Location
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Directions:Exit Fletcher from the 5 frwy then continue on Fletcher to Glendale Blvd.
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Latitude:34.09773200
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Longitude:-118.25958200
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:Front Yard, Garden, Near Public Transit
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Lot Size Area:7378.0000
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Lot Size Acres:0.1694
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Lot Size SqFt:7378.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:195100
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Tax Lot:48
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5439001014
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Showings Begin:2025-06-25
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Lake, Park, Mountainous, Sidewalks, Storm Drains, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:5.00
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Garage Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/25/25
Jun 25, 2025
|
Listed / Active | CRMLS_CA | $1,999,990 | |
1/23/25
Jan 23, 2025
|
Price Changed | CRMLS_CA | ||
11/6/24
Nov 6, 2024
|
Listed / Active | CRMLS_CA |