2616 Glendale Boulevard, Los Angeles, CA 90039
Local realty services provided by:ERA North Orange County Real Estate
2616 Glendale Boulevard,Los Angeles, CA 90039
$2,690,000
- - Beds
- - Baths
- 4,180 sq. ft.
- Multi-family
- Active
Listed by: robert chuang, ann uy
Office: berkshire hathaway home servic
MLS#:P1-25226
Source:CRMLS
Price summary
- Price:$2,690,000
- Price per sq. ft.:$643.54
About this home
Rare opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. 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. Upside potential is renovating the remaining two units into 2 bedrooms from 1 bedroom. There was a previous appraisal valued the property at $3,640,000....
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Home facts
- Year built:1951
- Listing ID #:P1-25226
- Added:105 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Gas Range
- Living area:4,180 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Ductless, Floor Furnace
Structure and exterior
- Year built:1951
- Building area:4,180 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Sprinklers None
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,690,000
- Price per sq. ft.:$643.54
Features and amenities
- Appliances:Dishwasher, Gas Range, Gas Water Heater, Tankless Water Heater
- Laundry features:Inside
Parking
- Total parking spaces:2
- Parking description:Concrete Driveway, Driveway, On Street, Shared Driveway, Tandem, Uncovered
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