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1319 Broadway, Silver Lake, CA 90012

4 Bed, 4 Bath Multi-Family Home For Sale

1319 Broadway, Silver Lake, CA 90012 House For Sale - MLS #17241848
Off the Market
$675,000
4
4
Multi-Family
4 Family
This listing is courtesy of Kathleen Tom from ENGEL & VOLKERS Los Angeles.

Property Description for 1319 Broadway, Silver Lake, CA 90012

We are pleased to present the opportunity to acquire this value-add Four (4) unit property located in the Los Angeles Chinatown area. This property is located across from the recently re-opened Los Angeles State Historic Park and walking distance to the Chinatown Gold Line Metro Station.This property was built in 1920 and features four one-bedroom, one bath units. Each unit is separately metered for gas & electricity and are equipped with individual hot water heaters. This 2,824 square foot two-story property sits on a 6,262 square foot lot zoned LAC2. This site could potentially be redeveloped into a Fifteen unit multi-family building. Priced at $239/NRSF and $108/SF Lot, this is a unique opportunity to acquire a value-add property with significant upside that is also located in one of the hottest redevelopment areas in the City of Los Angeles. Drive By ONLY. Do not disturb tenants.

Interior Details

2,824 sq. ft.
$239.02/sq. ft.

Exterior Details

0.14 acres
6,262 sq. ft.

Other Details

17241848
1920

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 1      Rent: $505     

Unit #2
Bedrooms: 1      Full / Half Baths: 1      Rent: $542     

Unit #3
Bedrooms: 1      Full / Half Baths: 1      Rent: $505     

Unit #4
Bedrooms: 1      Full / Half Baths: 1      Rent: $555     

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(20%)

Monthly Mortgage Payments

$3,066
$4,270

Town Description

Silver Lake is a hilly neighborhood in the city of Los Angeles, California east of Hollywood and northwest of Downtown Los Angeles. Silver Lake is inhabited by a wide variety of ethnic and...

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