Property Detail
Description
CORNER PROPERTY - HIDDEN AWAY FOR EACH OF THE 3 UNITS, EACH SEPARATE AND APART FROM EACH OTHER! PRIVACY FOR ALL 3 TENANTS! Updated Rental Income - POSSIBLE $500k DOWN WITH POTENTIAL BUILT-IN FINANCING, POSSIBLY NO LOAN FEES, AND THE BEST NEWS OF ALL: IMMEDIATE CASH-FLOW!! EXCEPTIONAL SILVER LAKE Corner Property! VACANT 2 Bedroom + Basement Owner's Unit that already has improvements, ongoing! Make it yours - Colors and More! OR, Rent this Vacancy AT Top Dollar Market Rates! Hidden away Silver Lake Corner Property with a Woodsy Curb Appeal. Assumable First Trust Deed: $820,000 5% FIXED Interest, with NO pre-pay fees, and NO Loan Fees for the Assumption, payable $3,417/month! Wonderful LUSH LANDSCAPE with Each Unit Private from the other units! Classic Character throughout! (circa 1923) Pre-Depression Construction (built better those days!). THREE Units Include the following: UNIT ONE: VACANT 2 Bed--1 Bath Owner's Unit (includes a Private Lower Level Basement - Estimated Rental Value: $4,000/month)....Plus UNIT TWO: 2 Bed--1 Bath Unit (Rented for $1,883/month)....Plus UNIT THREE: 1 Bed--1 Bath Unit ALL UPDATED with pictures online (Estimated Rental Value: $2,750/month). Great Silver Lake Location! A lovely Woodsy Setting...Storage Structure included in back with Laundry Area! Every Unit has a Private Entrance. Exterior Newly Painted, and so much more! Emotional and Exciting Offering, must see to appreciate! INCOME DETAILS BELOW are based upon projected rent & expenses are based upon Property Taxes & Utilities. Don't miss this one!
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Listing provided courtesy of Bruce Jay of Bruce Jay Associates. Last updated 2025-11-12 09:11:23.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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