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$ 1,695,000
Est. payment /mo
Active
830 Tularosa DR Los Angeles, CA 90026
8,197 Sqft Lot
UPDATED:
03/01/2025 08:56 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-21022
HOA Y/N No
Year Built 1968
Lot Size 8,197 Sqft
Property Sub-Type Triplex
Property Description
This triplex presents an exceptional investment opportunity on a quiet street in Silver Lake, conveniently located and just a short distance to Sunset Boulevard. The property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. This property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units. The property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. The property also features excellent future development potential with nearly 4k sf of unused site area. Conceptual plans are available for constructing two detached Accessory Dwelling Units (ADUs), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. Furthermore, there is potential to construct additional ADUs by converting the carport. Recent changes in CA ADU laws present exciting opportunities for adding more units. With a Gross Scheduled Income of $132,324 and approx. NOI of $97,240 and an approx. Cap Rate of 5.7 %, this unique opportunity should not be missed.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport
Carport Spaces 8
Pool None
Community Features Sidewalks
View Y/N Yes
Total Parking Spaces 8
Private Pool No
Building
Story Two
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5427031006
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Patrick Cochran • Coldwell Banker Realty