6 of 9 VACANT Silver Lake | North of Sunset! 1651 Golden Gate Ave Immeuble residentiel 9 lots 1 694 473 € (188 275 €/Lot) Taux de capitalisation 7,03 % Los Angeles, CA 90026

* DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE * Eric Dilanian & Shant Sherbetdjian, The Dilanian Real Estate Advisors & The Southern California Apartment Group, as part of RE/MAX Commercial & Investment Realty, are pleased to present for sale this rare 9 Unit Mid-Century investment opportunity located in one of Los Angeles’ most sought-after and vibrant neighborhoods—Silver Lake. Delivered 67% Vacant, with SIX out of NINE units available, this is an exceptional opportunity for an investor to renovate, reposition, and reimagine the property as a rare, striking Mid-Century Modern asset.
Built in 1965, the property features an attractive unit mix consisting of (7) 1 Bedroom & 1 Bathroom Units, and (2) 2 Bedroom & 1 Bathroom Units. The building totals approximately ± 6,358 square feet and sits on a ±7,966 square foot lot. It is well parked, providing 9 on-site parking spaces (per the CofO – Buyer to Verify).
Zoned R2-1VL, the property is poised for an astute investor to pursue a full renovation of the interior and exterior of the vacant units and add Accessary Dwelling Units
(Buyer to Verify Feasibility). Note: Soft Story Retrofit work has NOT been completed.
Strategically positioned in the vibrant core of Silver Lake with a walk score of 93 ("Walker’s Paradise"), tenants will enjoy close proximity to premier retail corridors on Sunset Blvd, as well as convenient access Hollywood & Los Feliz.
Disclosure: Buyer to conduct their own due diligence, including but not limited to verification of building square footage, lot size, legal bedroom and bathroom count,
parking count, unit mix, year built, zoning, market rents, Soft-Story compliance status, REAP Status, and the ability to construct ADUs or additional units.
The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Montebello, San Gabriel, and Alhambra. Properties can be sold
together as a portfolio or individually.