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2612 Locksley Place

Los Angeles, CA 90039
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Bed 13

Bed

Bath 9

Bath

SqFt8,423

Sqft

SqFt15,162

Sqft(Lot)

2612-2618 1/2 Locksley Place is a beautifully maintained Traditional style apartment property in the heart of prime Silver Lake. The rare offering is comprised of two separate legal parcels and combines a stable existing income stream with two units delivered vacant at the close of escrow. 7 of the units are occupied, 6 are on month-to-month tenancies. In-place income is $225,135 annually; add the projected income from the 2 vacant units and annual income is estimated at $283,935. The two vacant units carry no rent-stabilized ceiling on initial rent, allowing the buyer to establish market rents at the outset and reset the property's income basis without waiting for turnover. Eight single garages serve the property, and most units are equipped with an owner-supplied stove and refrigerator. Every unit has its own ductless mini-split system and water heater. Many units enjoy hillside views and 2 units have bedroom balconies. The exterior has been freshly painted and is beautifully landscaped. Interiors retain their 1938 character featuring hardwood floors, period moldings and accents, and vintage tiled kitchens and bathrooms. The offering includes two 4 unit buildings plus an additional nonconforming unit that has been rented continuously for many years and is now vacant. The tax records, Department of City Planning Property Profile Report, RSO Statement Of Registration reflect this unit. The original Certificate of Occupancy for the buildings reflects a total of 8 units. Offered for the first time in 46 years, this is a rare opportunity to acquire a character property in a prime Silver Lake location with immediate upside from the two vacant units and additional future potential. Two separate legal parcels, give a buyer the flexibility to investigate possible ADU development and/or the potential to sell the parcels separately. Buyer to independently investigate and verify all development, ADU, subdivision and resale possibilities. 5438-016-005 and 5438-016-006 included in the sale.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,998,000

AD Id : 91800930

MLS Id : 26998421

Beds : 13

Lot Size : 15,162 Sq. Ft

Living Area Size : 8,423 Sq. Ft

Year Built : 1938

Garage : 8

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 9

    Roofing Information

    Composition, Shingle

    Flooring Information

    Wood
  • Interior Features

    Roof: Composition, Shingle
    Laundry Features: LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: HeatPump Has Cooling: Yes Cooling: HeatPump

  • Building Information

    Year Built: 1938
    Building Area Total: 8423
    Construction Materials: Stucco, WoodSiding
    Stories: 2
    Private Pool: No
    View: Hills

  • Lot Information

    Main Square Feet: 15162 Lot Size Acres: 0.3481 Lot Size Source: Other Lot Size Square Feet: 15,162

  • Listing Price Information

    Listing Price: $2998000

  • Tax Information

    Parcel Number: 5438016005

  • Parking Information

    Parking Total: 8

    Garage Information

    Has Garage: Yes Garage Space: 8

  • Location Information

    Direction: Farwell Avenue to Locksley Place
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Nearby Home Value

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3038 Casitas Avenue, Los Angeles, CA, 90039 $2,750,000 12 9 -- 5,400 Sq. Ft
3136 3138 Casitas Avenue, Los Angeles, CA, 90039 $1,384,999 5 3 -- 5,398 Sq. Ft
3185 Perlita Avenue, Los Angeles, CA, 90039 $1,475,000 5 4 2,454 5,400 Sq. Ft
3202 Minneapolis, Los Angeles, CA, 90039 $1,849,000 3 3 1,600 5,404 Sq. Ft
3803 Seneca Avenue, Los Angeles, CA, 90039 $1,599,000 4 4 -- 5,249 Sq. Ft
2290 Riverside Drive, Los Angeles, CA, 90039 $1,689,990 5 3 -- 4,720 Sq. Ft
2575 Riverside Terrace, Los Angeles, CA, 90039 $1,399,000 6 3 -- 6,352 Sq. Ft
3352 Larga, Los Angeles, CA, 90039 $2,099,000 5 4 2,865 6,757 Sq. Ft
3421 Larga, Los Angeles, CA, 90039 $1,398,000 3 1 1,746 6,754 Sq. Ft
2572 Silver Ridge, Los Angeles, CA, 90039 $1,748,888 4 4 2,767 6,511 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/12/2026 @ 15:25

MLS: 26998421 LISTED BY: Dan Mancinelli, Berkshire Hathaway HomeServices California Properties 626-440-5100 SOURCE: CRMLS

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