Est. cap rate

1.8%

Assumed rent, all units

$5,000/mo

Units

2

Price per unit

$844,995

Est. annual NOI

$30,000

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

Duplex

Bedrooms

2

Building size

2,981 sqft

Lot size

4,720 sqft

Year built

1916

Stories

3

Garage spaces

0

Pool

None

Status

Active

Days on market

23

MLS #

247060327

About this property

Rare Silver Lake duplex with *** CITY VIEWS *** Embrace the unmistakable energy and effortless lifestyle of Silver Lake with this rare tri-level duplex set against the hills offering stunning city views, sophisticated modern design, and exceptional versatility. Both units will be delivered vacant, presenting a unique opportunity for an owner-user, multi-generational household, or an investor to create their ideal Silver Lake property. Thoughtfully designed across three levels, the property offers a combined 5 bedrooms and 2.5 bathrooms, dramatic vaulted ceilings, an expansive open-concept layout, and seamless indoor-outdoor living. The sophisticated chef’s kitchen features a cozy breakfast bar that flows effortlessly into the dining area and spacious living room for an ideal setting for both intimate evenings and larger gatherings abundant with natural lighting. The stunning master bedroom complete with a walk-in closet and custom cabinetry is accompanied by a beautifull master bath. Additional bedrooms are thoughtfully separated along the hallway which also features a dedicated laundry area and a smart-home technology cabinet. Built for modern living, the home includes an integrated SONOS surround-sound speaker system and smart-home functionality throughout. Step onto the wrap-around balcony to take in sweeping city views or retreat to the private patio deck for outdoor dining, entertaining, and simply enjoying the Southern California sunshine in the privacy of your own home. Two covered carport spaces provide convenient parking for two vehicles, complemented by unrestricted street parking with no permit required. Perfectly positioned near the Silver Lake Reservoir, beloved restaurants, boutique shopping, cozy coffee shops, and the neighborhood’s iconic nightlife, this is an opportunity to own a truly distinctive property in one of Los Angeles’ most desirable and creative communities. Delivered vacant and rich with possibilities, this exceptional Silver Lake duplex offers the rare combination of design, views, flexibility, and location.

Location

2290 Riverside Drive

Los Angeles, Los Angeles, CA, 90039