2616 Glendale Boulevard, Los Angeles CA 90039 (Off Market)

For Sale, USD 2,890,000


2616 Glendale Boulevard, Los Angeles CA 90039,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 4,180 ft² / 388 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Rare opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets.
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2616 Glendale Boulevard, Los Angeles CA 90039, United States,California,Los Angeles is a 4,180ft² Los Angeles luxury Multi-Family Home listed for sale USD 2,890,000. This high end Los Angeles Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Los Angeles or search for luxury properties for sale in Los Angeles.