Prime Silver Lake value-add opportunity at 1421 Silver Lake Blvd. This rare offering includes a four-unit fixer-upper plus the adjoining vacant lot next door, presenting exceptional upside for investors, developers, and buyers seeking long-term potential in one of Los Angeles’ most in-demand rental markets. The property consists of four vacant units (three 1-bedroom units and one 2-bedroom unit) and includes three garages. Located just minutes from Sunset Blvd and a short walk to the Silver Lake Reservoir, the property offers excellent access to popular dining, shopping, and everyday conveniences. The adjoining lot is located in a Transit Oriented Communities (TOC) area, creating a compelling future development angle—TOC incentives may allow additional development flexibility, including potential benefits related to density and parking (buyer to verify). All units will be delivered vacant, offering immediate repositioning potential and the ability to establish new leases at market terms. The unit mix also offers flexibility for a buyer who plans to occupy one unit while leasing the remaining units for additional income. A rare chance to renovate, stabilize, and unlock value in a premier Silver Lake location.
Listing courtesy of Listing Agent: Felipe Crook (felipe@felipecrook.com) from Listing Office: eXp Realty of Greater Los Angeles.
Listing sold by John Kim from JYK Commercial Realty, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.