2243 India St - Multi-Family FOR SALE


Los Angeles, CA 90039- Silver Lake
$1,175,000 USD
310-968-7005
2243 India St, Los Angeles, CA for Sale
$1,175,000 USD
Multi-Family - FOR SALE
1/17
null | 1.19% Cap Rate

2243 India St
Los Angeles, CA 90039
Silver Lake


HIGHLIGHTS

  • *** 2nd price reduction - 18% price reduction - lowest priced duplex on the market in Silver Lake***
  • Silver Lake Spanish-style duplex located 0.5 miles from The Reservoir, adjacent to Atwater Village, and north of Sunset Blvd. (2 Miles)
  • Consists of 2 townhouse-style residences. Both units feature 2 beds and 2 baths, and average approx. 1,350+ SF each.
  • Detached structure features (2) 1-car garages and offers a potential ADU opportunity (garage conversion or above the existing footprint).
  • Surrounding neighborhood is defined by architecturally diverse hillside, many commanding multi-million-dollar values, reinforcing desirability.

OVERVIEW

***Lowest priced duplex on the market in Silver Lake --- view the marketing package for on-market & sales comparables*** 2243 India St presents an opportunity to acquire a character-rich duplex in one of Silver Lake's most desirable residential pockets, now offered at $1,175,000 following a $220,000 price reduction. At its current pricing, the property stands as the lowest priced duplex on the market in Silver Lake, positioning it below competing inventory in the immediate area.Positioned north of Sunset Blvd and adjacent to the heart of Atwater Village, the property sits within a quiet, architecturally diverse enclave of hillside and Craftsman-era homes, many of which command multi-million-dollar values, while remaining just a short walk from the Silver Lake Reservoir. Residents are also moments from the Glendale Blvd corridor, home to a curated mix of independent cafs, wine bars, and neighborhood restaurants, as well as Silver Ridge Plaza, anchored by Whole Foods and daily-use retail.Built in 1931, the Spanish-style property consists of (2) townhouse-style residences, each configured as a 2-bdrm. and 2-bath unit averaging approx. 1,350+ SF. The ground level of each residence includes a living room, dining area, kitchen, bedroom, and full bathroom, while the upper level is dedicated to a primary suite with additional office or flex space and an en-suite bathroom. The layout creates separation between living areas and private space, a feature that continues to resonate with both owner-users and long-term tenants.Interior finishes include a combination of wood and tile flooring, granite kitchen countertops, and updated bathroom finishes that maintain the property's original character while supporting modern use. The configuration makes 2243 India particularly well suited for buyers seeking flexibility, whether occupying one unit while leasing the other or accommodating multi-generational living.The property is further enhanced by substantial rear yard space, providing outdoor separation between the main structure and a detached garage building. At the rear of the lot sits a detached structure with (2) one-car garages, offering future value-add potential through garage conversion or the addition of accessory dwelling units above the existing footprint, subject to buyer verification.At $1,175,000, 2243 India combines a Silver Lake location north of Sunset, townhouse-style layouts averaging over 1,300 SF, and pricing that now sits below competing duplex inventory in the immediate area. The positioning reflects both the scale of the units and the location within one of the Eastside's most established residential pockets.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

2

PRICE/UNIT

$587,500

CAP RATE

1.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lowest Priced Duplex on Market in Silver Lake

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,067 SF

ZONING

-

APN/PARCEL ID

5438-014-019

ASK ABOUT THIS PROPERTY

Kenny StevensCompassMore Info
310-968-7005

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Kenny StevensCompassMore Info
310-968-7005

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