2313 Glendale Boulevard, Los Angeles, CA 90039
Local realty services provided by:ERA Donahoe Realty
2313 Glendale Boulevard,Los Angeles, CA 90039
$1,725,000
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: david sevanian
Office: keller williams vip properties
MLS#:SR26141627
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,725,000
About this home
*7.5% CAP RATE! Discover an exceptional investment & development opportunity in the heart of Silver Lake with this rare SIX-UNIT income property ideally positioned just moments from the Silver Lake Reservoir, meadow trails, dog park, and some of Los Angeles' most sought-after dining, shopping, and entertainment destinations. Located on a lush, oversized lot surrounded by mature avocado, fig, and lime trees, this property offers a unique blend of strong in-place cash flow, long-term appreciation potential, and future development upside in one of LA's most desirable rental markets. The property currently generates approximately $12,929 per month ($155,148 annually) in gross rental income and features six separately metered units, simplifying management and maximizing operational efficiency. Recent improvements include dual-pane energy-efficient windows throughout, while seven on-site parking spacesfive covered carports and two additional uncovered spacesprovide a highly desirable amenity rarely found in such a prime urban location. The upper rear unit enjoys pocket views of the Silver Lake Reservoir area and the iconic Griffith Observatory, further enhancing tenant appeal. ZONED R3, this property presents a compelling opportunity for investors seeking both immediate income and future value creation. Preliminary development potential may allow for the addition of up to six more units, creating the possibility of expanding the property to a 12-unit asset (buyer to independently verify all development potential with applicable governmental agencies). Whether held as a long-term...
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Home facts
- Listing ID #:SR26141627
- Added:1 day(s) ago
- Updated:July 01, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,725,000
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