Off Market Silver Lake Duplex For Sale
VINTAGE CRAFTSMAN DUPLEX IN PRIME SILVER LAKE - TURNKEY INVESTMENT OPPORTUNITY
UNIT 1
1 Bedroom | 1 Bathroom | In-Unit Washer/Dryer | 718sqft | Separate Big Private Backyard | 1 Driveway Parking





UNIT 2
1 Bedroom | 1 Bathroom | In-Unit Washer/Dryer | 500sqft | Separate Private Backyard





2 bedrooms 2 bathrooms 1,218 sqft home 5,199 sqft lot OFF market
Refinished the Original Hardwood Floor | Both Tenant Occupied | In-Unit Washer/Dryer | Private Separate Backyard
CALL FOR PRICING AND ADDRESS
Audrey 310.926.6337
Cindy 323.657.4866
Type | # of Units | Bed | Bath | Sqft | Actual Rent | Projected Rent |
Unit 1 | 1 | 1 | 1 | ±718 | $3,000 | $3,250 |
Unit 2 | 1 | 1 | 1 | ±500 | $2,650 | $2,800 |
Income Details | |
Pro forma gross income | $72,600 |
Total Expenses | $20,750 |
Pro forma net operating income | $5,1850 |
Cap Rate | Approximately 4% |
GRM | Approximately 17.9 |
Investor Highlights
- Fully turnkey - no deferred maintenance
- Separately metered gas and electricity
- LARD2 zoning - potential to expand or develop (buyer to verify)
- Strong rental demand in one of Los Angeles's top submarkets
- High-income tenant pool in walkable Silver Lake
Property Overview
- Year Built: 1916
- Total Living Area: 1,218 sqft
- Lot Size: 5,199 sqft
- Zoning: LARD2
- Property Type: Duplex
- Parking Type: Driveway
- Laundry: In-unit
- AC/Cooling: Mini split and window units
- Heating: Wall unit
- Vacancy: NONE (both units are occupied)
Major Upgrades(2022- 2025)
- Retrofitted foundation - $75,000
- Refinished original hardwood flooring - $4,000
- Dual-pane windows replacement throughout - $16,000
- Newer appliances
- New gas lines installed under the property, copper plumbing, and electrical system - $5,000
- New backyard fence - $20,000
- Automated irrigation in the backyard and front parkway with fresh landscaping
- Exterior paint - $9,000
- French drain system and gutters
- Keypad entry, security lighting, and camera system
Property Description
This 1916 Craftsman-style duplex is nestled in the heart of Silver Lake, combining classic curb appeal with the assurance of modern upgrades. Featuring two one-bedroom, one-bath units totaling 1,218 sq ft on a 5,199 sq ft LARD2-zoned lot, it’s a rare opportunity for investors seeking character, stability, and long-term growth. Just blocks from Sunset Blvd, the property offers short distance access to shops, dining, Target, and the 101 Freeway, making it ideal for attracting reliable tenants or maximizing rental potential in one of LA’s most sought-after neighborhoods.
Showing
Showing subject to interior inspection upon accepted offer. Tenant occupied, DO NOT disturb the tenant.
Disclaimer
The owner, broker, and agents make no representations or warranties regarding the accuracy of the property’s square footage, bedroom/bathroom count, lot size or dimensions, zoning, permits, school boundaries or eligibility, or any other aspects of the property’s condition or features. Any financial projections provided are for general reference only and are based on assumptions regarding market conditions, local competition, and other variables. Actual results may vary significantly. Buyers are strongly encouraged to conduct their own independent investigations, inspections, and due diligence to verify all information.

Cindy Lee
323.657.4866
CindyLeeRealEstate22@gmail.com
DRE 02084411
Audrey Morguess
310.926.6337
audreysellslosangeles@gmail.com
DRE 01859148