242 N Dillon Street, Los Angeles, CA 90026
Local realty services provided by:ERA North Orange County Real Estate



242 N Dillon Street,Los Angeles, CA 90026
$4,995,000
- - Beds
- - Baths
- 9,722 sq. ft.
- Multi-family
- Active
Listed by:lauren cearley
Office:myunits.com inc.
MLS#:BB25177609
Source:CRMLS
Price summary
- Price:$4,995,000
- Price per sq. ft.:$513.78
About this home
242 N Dillon is a brand-new, NON-RENT-CONTROLLED 2025 five-unit luxury community located just seconds from Silver Lake, one of LA’s most sought-after rental markets. This architectural gem combines prime location, high-end finishes, and strong returns, offering investors a projected 5.68% cap rate with minimal expenses.
Set on a gentrifying street with standout curb appeal, 242 N Dillon features five expansive units — including one massive 5-bedroom tri-level townhome (2,356 SF) and four oversized 4-bedroom units — all with private entrances and thoughtfully designed, renter-friendly floorplans. Each unit is separately metered for all utilities and comes with a full 1-year builder’s warranty, ensuring low maintenance and long-term stability.
Luxury features include designer tile, custom cabinetry, stainless steel appliances, oversized kitchen islands, high ceilings, balconies, large closets, and stunning 360-degree rooftop decks. The building is enhanced by drought-tolerant landscaping, ample parking, and natural light throughout.
With no rent control, high-income potential, and top-tier design, 242 N Dillon is a rare opportunity to own a high-performing, low-maintenance asset in one of LA’s most competitive rental corridors. Don’t miss your chance to secure a trophy property in this highly desirable rental pocket of LA.
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Home facts
- Year built:2025
- Listing Id #:BB25177609
- Added:11 day(s) ago
- Updated:August 18, 2025 at 10:26 AM
Rooms and interior
- Living area:9,722 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2025
- Building area:9,722 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,995,000
- Price per sq. ft.:$513.78
- Tax amount:$59,925
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