Est. cap rate

2.0%

Assumed rent, all units

$6,930/mo

Units

3

Price per unit

$699,333

Est. annual NOI

$41,580

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

4,120 sqft

Lot size

4,783 sqft

Year built

1979

Stories

3

Garage spaces

2

Pool

None

Status

Active

Days on market

1

MLS #

247014396

About this property

Income-Producing Silver Lake Triplex | $158,880 Annual Gross Income Exceptional opportunity to own a well-maintained triplex in the heart of Silver Lake, situated on a rare street-to-street lot with city and hillside views. The property generates approximately $158,880 in annual gross rental income, offering immediate cash flow in one of Los Angeles’ most desirable rental markets. The property features three separate residences: a spacious 5-bedroom residence renting for $7,390/month, a 2-bedroom unit at $3,200/month, and a 1-bedroom unit at $2,650/month. Separate entrances, dedicated garage and parking, abundant natural light, amazing view of the hillside and neighborhood and a flexible layout make this an excellent opportunity for an investor, owner-user, or multi-generational household. Ideally positioned near Silver Lake Reservoir, Sunset Junction, Echo Park and Downtown Los Angeles, with convenient access to dining, shopping, entertainment and major commuter routes. A rare combination of strong existing income, three separate residences, views, and a prime Silver Lake location

Location

1825 N Easterly Terrace

Silver Lake, Los Angeles, CA, 90026