$1,425,000
$1,575,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
12 Baths
7,556 SqFt
SOLD DATE : 06/24/2026
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,556 sqft
Price per Sqft $188
MLS Listing ID 25631721
Sold Date 06/24/26
Bedrooms 12
Year Built 1924
Lot Size 10,799 Sqft
Acres 0.2479
Property Sub-Type Multi-Family
Property Description
A rare investment opportunity in the highly sought after East Hollywood submarket of Los Angeles. The property consists of 12 well-maintained 1 bedroom 1 bathroom units spread across five detached buildings, all featuring upgraded roofs and sewer lines. Situated on approximately 10,779 square feet of gated land, the property showcases classic Spanish style bungalow architecture centered around a charming landscaped courtyard. The location is exceptional, in an Opportunity Zone, and a close distance to historic Sunset Boulevard, LA City College, and the Santa Monica Vermont Metro Station. Residents enjoy close proximity to Silver Lake and the vibrant retail, dining, and entertainment scene at Sunset Junction. Nearby favorites include Erewhon, Intelligentsia, The Black Cat, La Colombe Roasters, and many more. With convenient access to Downtown Los Angeles and major Hollywood employment hubs, the area is highly attractive to young professionals. Below market rents combined with substantial value add potential present an exceptional opportunity for investors to capture nearly 90% rental upside, with an attractive current CAP of over 5.5%.
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Other
Cooling None
Equipment None
Exterior
Parking Features None
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with RE/MAX One
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