1642 Elevado St - Multi-Family FOR SALE


Los Angeles, CA 90026- Silver Lake | 
$2,495,000 USD
323-842-4001
1642 Elevado St, Los Angeles, CA for Sale
$2,495,000 USD
Multi-Family - FOR SALE
1/49
null | 7.21% Cap Rate

1642 Elevado St
Los Angeles, CA 90026
Silver Lake


OVERVIEW

In prime Silver Lake, this Contemporary duplex is delivered vacant, perfect for an owner-user and ready to generate income. The property embodies spaciousness, comfort and character, one part period details, one part groovy modern vibes. The upper unit opens to an expansive great room with hardwood floors and magnificent views; sliding glass doors lead to a deck with panoramic vistas of city lights, a dreamy setting for dining alfresco. The oversized kitchen has a stainless suite and ample storage. Bedrooms include one with an adjacent office and an ensuite primary. The lower-level unit has a modern, loft-like feel across a split-level layout, featuring soaring ceilings, finished concrete floors, exposed piping, a living room wet bar and blue accents. The oversized windows frame tree crowns and let in the natural light, and the outdoor access is seamless to a concrete patio and wood deck with a grapefruit tree. Bedrooms plus extra offices make it easy to designate space for work, providing infinite flexibility. Amenities include HVAC, laundry in each unit, basement storage, and carport parking. Close to all the action on Sunset, yet tucked away on a circular street for peaceful nights in. Local favorites include Alfred Coffee, Night + Market Song, Millie's Cafe, Sonmari, Bobo Thai, and Pine + Crane , and it's just a short hop to Silver Lake Blvd for L & E Oyster, LA Mill, and Botanica.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$571 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,247,500

CAP RATE

7.21%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5425-006-025

ASK ABOUT THIS PROPERTY

Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

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Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.