2659 Glendale

    Los Angeles (City), CA 90039
    • $1,150,000
    • STATUS: Active
    • ON SITE: 144 days
    • ID#: 18327578
    UPDATED: 52 min ago
    $1,150,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,212
      SQFT
    • $520
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale a two unit property located in Silver Lake, California. Situated at 2659 Glendale Boulevard, the property is south of Riverside Drive, and east of Hyperion Avenue. The Silver Lake Reservoir is just a short walk away from the subject property.Built in 1963, this duplex boasts two completely separated units. The first is located on the Ivan Hill Terrace side of the property, and is a two-story building with one 3 bedroom/2 bathroom unit with a private two-car garage. The second is located on the Glendale Boulevard side and is a single story containing one 2 bedroom/1 bathroom unit. This unique duplex features large units, a lovely curb appeal, ample on-site parking, and a great hill-side location with a view of the city. Ideally positioned in a prime Silver Lake location, the subject property presents an excellent opportunity for an investor to capture significant upside in rental potential in one of LA's best trending markets.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-20T21:29:59.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/82096464

    2659 Glendale Los Angeles (City), CA 90039

    • Price: $1,150,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 18327578
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,212
    SQFT
    $520
    $/SQFT
    1963
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    We are pleased to present for sale a two unit property located in Silver Lake, California. Situated at 2659 Glendale Boulevard, the property is south of Riverside Drive, and east of Hyperion Avenue. The Silver Lake Reservoir is just a short walk away from the subject property.Built in 1963, this duplex boasts two completely separated units. The first is located on the Ivan Hill Terrace side of the property, and is a two-story building with one 3 bedroom/2 bathroom unit with a private two-car garage. The second is located on the Glendale Boulevard side and is a single story containing one 2 bedroom/1 bathroom unit. This unique duplex features large units, a lovely curb appeal, ample on-site parking, and a great hill-side location with a view of the city. Ideally positioned in a prime Silver Lake location, the subject property presents an excellent opportunity for an investor to capture significant upside in rental potential in one of LA's best trending markets.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling Wall Window Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 3.60 Gross Multiplier 18.37 Gross Operating Income 62592.00 Improvements Amount 125801 Land Value 291343 Laundry YN Yes Net Operating Income 41417.00 Special Listing Conditions Standard Total Expenses 19923.00 Zoning Lar2

    Listing provided courtesy of Jason Tuvia of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-20T21:29:59.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    Playa Vista CA, 90094