Description

Prime Silver Lake location near Koreatown, this well-maintained 12-unit apartment building sits on a 12,669 sqft corner lot with an approx. 6,800 sqft building. Four units will be delivered vacant at closing, creating immediate upside potential. All units are separately metered for gas and electricity, with tenants covering their own utilities. The property also includes a spacious parking lot for 12 vehicles a rare amenity in this high-demand neighborhood. Silver Lake is known for its vibrant, creative community and attracts young professionals, artists, and tech-driven renters seeking walkability, lifestyle, and culture. Surrounded by trendy dining, cafes, boutiques, and outdoor amenities like the Silver Lake Reservoir, the neighborhood consistently outperforms other LA markets in rental demand and appreciation. With rising incomes, low vacancy, and continued infrastructure and community investment, Silver Lake is positioned for strong long-term growth. With stable income in place, four vacant units for repositioning, and prime location in a thriving rental hub, this property presents an exceptional opportunity for investors to expand their portfolio. Please do not disturb tenants. Drive-by only. Showings for serious buyers with accepted offers.