Active

2313 Glendale Boulevard

Los Angeles, CA 90039
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt3,954

Sqft

SqFt7,378

Sqft(Lot)

*7.5% CAP RATE! Discover an exceptional investment & development opportunity in the heart of Silver Lake with this rare SIX-UNIT income property ideally positioned just moments from the Silver Lake Reservoir, meadow trails, dog park, and some of Los Angeles' most sought-after dining, shopping, and entertainment destinations. Located on a lush, oversized lot surrounded by mature avocado, fig, and lime trees, this property offers a unique blend of strong in-place cash flow, long-term appreciation potential, and future development upside in one of LA's most desirable rental markets. The property currently generates approximately $12,929 per month ($155,148 annually) in gross rental income and features six separately metered units, simplifying management and maximizing operational efficiency. Recent improvements include dual-pane energy-efficient windows throughout, while seven on-site parking spaces—five covered carports and two additional uncovered spaces—provide a highly desirable amenity rarely found in such a prime urban location. The upper rear unit enjoys pocket views of the Silver Lake Reservoir area and the iconic Griffith Observatory, further enhancing tenant appeal. ZONED R3, this property presents a compelling opportunity for investors seeking both immediate income and future value creation. Preliminary development potential may allow for the addition of up to six more units, creating the possibility of expanding the property to a 12-unit asset (buyer to independently verify all development potential with applicable governmental agencies). Whether held as a long-term income-producing investment, repositioned for increased rents, or explored as a future development project, the possibilities are significant. The location is truly outstanding. Enjoy convenient access to Downtown Los Angeles, Dodger Stadium, Griffith Park, and the very best of Silver Lake's renowned lifestyle amenities, including Whole Foods, Gelson's, Trader Joe's, Silverlake Wine, and the legendary Red Lion Tavern. Opportunities to acquire a cash-flowing six-unit property with meaningful development potential in Silver Lake are increasingly rare. This is a chance to secure a premier asset in one of Southern California's most dynamic and supply-constrained neighborhoods. Schedule your private showing today and explore the possibilities this unique property has to offer.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,725,000

AD Id : 87069446

MLS Id : SR26141627

Lot Size : 7,378 Sqft

Living Area Size : 3,954

Year Built : 1923

Garage : 5

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: Living Room
  • Fireplace

    Fireplace Features: Living Room Has Fireplace: 1

  • Building Information

    Year Built: 1923 Building Area Total: 3,954
  • Pool Features

    None

    Laundry Features

    Inside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1694
  • Lot Size Source: Assessor Lot Size Square Feet: 7378

  • Listing Price Information

    Original List Price: 1,725,000 Listing Contract Date: 2026-06-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5439001014

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Postal Code Plus 4: 3208 Directions: Exit Fletcher from the 5 frwy then continue on Fletcher to Glendale Blvd. Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park Property SubType: Apartment
  • Building and Construction

    Property Age: 103 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3051 N Coolidge Avenue, Los Angeles, CA, 90039 $2,599,999 2 1 --
2746 Benedict Street, Los Angeles, CA, 90039 $1,050,000 2 1 932 932 SqFt
2723 Pirtle Street, Los Angeles, CA, 90039 $1,050,000 2 1 560 560 SqFt
2724 Queen Street, Los Angeles, CA, 90039 $1,050,000 2 1 720 720 SqFt
2660 Newell Street, Los Angeles, CA, 90039 $985,000 5 -- 2,064 2,064 SqFt
2660 Newell Street, Los Angeles, CA, 90039 $985,000 5 3 2,064 2,064 SqFt
3152 Atwater Avenue, Los Angeles, CA, 90039 $1,450,000 3 2 1,220 1,220 SqFt
3169 Garden Avenue, Los Angeles, CA, 90039 $1,895,000 4 3 1,801 1,801 SqFt
3323 Larga, Los Angeles, CA, 90039 $1,850,000 5 3 2,896 2,896 SqFt
3421 Atwater Avenue, Los Angeles, CA, 90039 $1,380,000 5 -- 2,625 2,625 SqFt

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ByOwner last updated this listing 07/01/2026 @ 01:16

MLS: SR26141627 LISTED BY: David Sevanian, Keller Williams VIP Properties 661-290-3700 SOURCE: CRMLS

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