$1,138,000
$1,200,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,602 SqFt
SOLD DATE : 08/28/2024
Key Details
Sold Price $1,138,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,602 sqft
Price per Sqft $710
MLS Listing ID 24-399313
Sold Date 08/28/24
Style California Bungalow
Bedrooms 2
Year Built 1923
Lot Size 3,547 Sqft
Acres 0.0814
Property Description
PRICE IMPROVEMENT from $1,300,000 to $1,200,000 on 7/30/24! Nestled in the vibrant heart of Silver Lake, 3004 Del Monte Drive offers a unique opportunity for both savvy investors and young families. This charming duplex features an owner-occupied unit with 2 bedrooms, 1 bathroom, a cozy back patio and garden perfect for entertaining, while the tenant-occupied unit includes 1 bedroom, 1 bathroom and a quaint courtyard for soaking up the California sun. Both units benefit from 2 detached garages (Could be converted to ADU(s)), providing ample storage or parking space. Directly across the street is the iconic Laurel and Hardy park. Silver Lake is renowned for its hip, artistic vibe, eclectic dining options, unique boutiques, and proximity to the iconic Silver Lake Reservoir and Sunset Boulevard. Whether you're looking to live in one unit and rent out the other, or add this gem to your investment portfolio, this property offers steady rental income potential and future appreciation in one of Los Angeles' most sought-after neighborhoods. Experience urban living with a touch of tranquility at 3004 Del Monte Drive your gateway to the quintessential Silver Lake lifestyle. Proforma CAP rate of 5.4%. *PLEASE DO NOT DISTURB OCCUPANTS*
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LAR2
Rooms
Other Rooms Other
Interior
Heating Natural Gas
Cooling Wall Unit(s)
Flooring Wood
Equipment Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator
Exterior
Garage Driveway
Garage Spaces 1.0
View Y/N Yes
View Park
Building
Architectural Style California Bungalow
Level or Stories One
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Apelian Realty Group, Inc.
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