Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,565 sqft

Lot size

6,405 sqft

Year built

1922

Stories

2

Style

Mid Century Modern

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

8

MLS #

247974226

About this property

Two distinct homes on one street-to-street lot offer a unique investment opportunity, providing the feel of two separate single-family residences. A++ location within the coveted pocket of Silver Lake in the highly regarded Ivanhoe Elementary School District. Each home has its own entrance from a different street, both separately gated with private parking which adds privacy and independence. The original residence, 2 bed/2 bath built in 1922 and completely remodeled in 2014, fronts Glendale Blvd and is fenced with mature hedges, while the second home, 3 bed/2 bath built in 2008, is accessed from Ivan Hill Terrace and features Mid-Century inspired architecture. Both homes are currently rented and separately metered for all utilities. The original home is subject to LA City rent control (RSO), while the newer residence is not. Hold both as income producing properties and explore the future opportunity to live in one while collecting rental income from the other. This distinctive property combines architectural character, separate street access, and flexibility for investors and future owner-occupants alike.

Location

2681 Glendale Boulevard

Los Angeles, Los Angeles, CA, 90039