1825 N Easterly TerraceSilver Lake, CA 90026

Description

Income-Producing Silver Lake Triplex | $158,880 Annual Gross Income Exceptional opportunity to own a well-maintained triplex in the heart of Silver Lake, situated on a rare street-to-street lot with city and hillside views. The property generates approximately $158,880 in annual gross rental income, offering immediate cash flow in one of Los Angeles’ most desirable rental markets. The property features three separate residences: a spacious 5-bedroom residence renting for $7,390/month, a 2-bedroom unit at $3,200/month, and a 1-bedroom unit at $2,650/month. Separate entrances, dedicated garage and parking, abundant natural light, amazing view of the hillside and neighborhood and a flexible layout make this an excellent opportunity for an investor, owner-user, or multi-generational household. Ideally positioned near Silver Lake Reservoir, Sunset Junction, Echo Park and Downtown Los Angeles, with convenient access to dining, shopping, entertainment and major commuter routes. A rare combination of strong existing income, three separate residences, views, and a prime Silver Lake location

Property Information

Property type

Residential Income

Sub-type

Triplex

Year built

1979

Stories

3

Building area

4,120 Sq Ft

Lot size

0.11 acres

Garage spaces

2

Parking spaces

8

Days on market

27

MLS^® Listing#

SR26199701

Property Features

Appliances

Dryer · Washer

Fireplace

None

Pool

None

Laundry

Washer Hookup · Electric Dryer Hookup · Gas Dryer Hookup

Community

Curbs · Lake · Park · Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

5423023008

Directions

Silver Lake Dr, cross North Easterly Terrace