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3121 Silver Lake Boulevard

Los Angeles CA 90039

4
2007 sq. ft.
4850 sq. ft.
Duplex
Currently for sale - view listing

Overview

Don't miss this four unit Atwater multi-family gem located at 3121 Silver Lake Blvd. This property consist of four fully remodeled 1 bed, 1 bath units. One unit is can be used for an owner to live in. All 4 have been remodeled and rent very quickly. Additionally, per a builder, you can create 2 ADU's! You may make two additional studios with the 4 garages or make one big unit. Conservatively, if you make one unit with the garages, you could get you another approximate $2, 200 and you would still be able to build another ADU on the property. Current gross income is approximately $9, 400 a month with upside for rental increases. That will bring you to a total of $11, 600/mo once just the garage ADU is completed. It is in a great Atwater location and is a very nice property with plenty of neighborhood parking conveniently located within a couple blocks of Atwater Village Farmer's Market!

Features

4 carspaces
4 garage spaces
2007 sq. ft. floor area
4850 sq. ft. lot size
Duplex

Property history for 3121 Silver Lake Boulevard

2016
Sold
$699,000
05 Aug 2016 by Abigail Dotson, of Figure 8 Realty

Happy sellers in Los Angeles

87%
87% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for duplexes in Los Angeles

In the last 12 months, 7 duplexes similar to 3121 Silver Lake Boulevard, have been sold.

This represents a 75% decrease in duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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