CA > Los Angeles
Los Angeles, CA 90039,2406 Edgewater TER
Los Angeles, CA 90039,2406 Edgewater TER
Los Angeles, CA 90039,2406 Edgewater TER
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Jason Insalaco • Kelton Properties
$1,450,000
Est. payment /mo
7,158 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD25159104

Year Built 1940

Lot Size 7,158 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

An ultra-rare opportunity to own a Trophy Triplex in the heart of Silver Lake, near the beloved Silver Lake Meadow & Reservoir, and within the Ivanhoe District. This Turnkey, Income-Producing Asset offers a beautiful blend of charm and modern upgrades-perfect for investors or future owner-occupants seeking a premier asset in a coveted location. Each of the three spacious one-bedroom, one-bathroom residences has been thoughtfully renovated, featuring Refinished Original Hardwood Floors, Immaculate Kitchens, and Bathrooms that blend vintage reproduction with contemporary convenience. The Rear Residence is a Standalone Home with a Huge, Shaded Yard-an ultra-desirable feature that drives premium rent and tenant retention, or a perfect house for owner-user. The front unit offers a vast porch with tranquil views. Current Gross Rent: $8,240/month with 15-20% Rental Upside. Over a 5.4 Capitalization Rate in Prime Silver Lake!! Two Garages (1-car and 2-car) + additional parking spaces. There may be potential to add 1-3 ADUs (Buyer to verify). All units are separately metered for gas and electricity. Lovingly maintained and cared for, this Platinum Property offers incredible Cash Flow, Exceptional Appreciation, and an Expansive Value-Add Opportunity. Silver Lake is one of the hottest a

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Interior

Laundry Laundry Area

Exterior

Garage Spaces 3.0

Pool None

View Local/Neighborhood, 30, Garden / Greenbelt

Building

Water District - Public

Others

Tax ID 5439014014

Special Listing Condition Not Applicable

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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