2901 Reservoir Street

    Los Angeles (City), CA 90026
    • $2,399,000
    • STATUS: Active
    • ON SITE: 209 days
    • ID#: 17296952
    $2,399,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,308
      SQFT
    • $725
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Silver Lake Villas- 5 gorgeous home like units made up of 2Duplexes & 1SFR located on a corner lot. Each building fronts the street and has it's own address. 4 of the 5 units have been fully renovated. Properties like this in this hot of a location dont come available often Jump on this!Highly sought after location, situated on a corner lot just 300ft. from the corner of Sunset & Silver Lake Blvd. these units are in high demand- always full and climbing rents. This location offers renters the ability to walk to all the awesome things Silver Lake is known for without being on the beat path and tucked in a quiet, safe residential community with multi-million dollar homes.Beautifully renovated- extensive work done from new plumbing, new electrical, stucco, new concrete driveways, renovated yards, arti cial turf, hedges, automatic drip system, quartz counter tops, custom kitchen cabinets, tile ooring, recess lighting, new everything, fully gutted with all the bells and whistles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. 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/79464770

    2901 Reservoir Street Los Angeles (City), CA 90026

    • Price: $2,399,000
    • Status: Active
    • ID#: 17296952
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,308
    SQFT
    $725
    $/SQFT
    1929
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Silver Lake Villas- 5 gorgeous home like units made up of 2Duplexes & 1SFR located on a corner lot. Each building fronts the street and has it's own address. 4 of the 5 units have been fully renovated. Properties like this in this hot of a location dont come available often Jump on this!Highly sought after location, situated on a corner lot just 300ft. from the corner of Sunset & Silver Lake Blvd. these units are in high demand- always full and climbing rents. This location offers renters the ability to walk to all the awesome things Silver Lake is known for without being on the beat path and tucked in a quiet, safe residential community with multi-million dollar homes.Beautifully renovated- extensive work done from new plumbing, new electrical, stucco, new concrete driveways, renovated yards, arti cial turf, hedges, automatic drip system, quartz counter tops, custom kitchen cabinets, tile ooring, recess lighting, new everything, fully gutted with all the bells and whistles.
    Exterior Features

    Garage Spaces 5.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway - Concrete Parking Total 5.00 Parking YN Yes

    Interior Features

    Appliances Water Heater UnitRefrigeratorDishwasher Appliances YN Yes Laundry Features OutsideIn GarageSee Remarks

    Property Features

    Cap Rate 4.00 Gross Multiplier 17.81 Gross Operating Income 134751.00 Improvements Amount 248217 Insurance Expense 3365.00 Land Value 485871 Laundry YN Yes Maintenance Expense 2500.00 Net Operating Income 95847.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Special Listing Conditions Standard Total Expenses 38905.00 Water Sewer Expense 1600.00 Zoning Lar2

    Listing provided courtesy of David Makabi of Keller Williams Beverly Hills.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. 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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