We are pleased to present for sale a rare two-unit investment opportunity in the heart of Silver Lake. Built in 1990, this well-maintained three-story property features two spacious units, each offering five bedrooms and three-bathrooms of approximately 1,900 square foot each. Both residences enjoy private balconies with breathtaking views of… Read More the surrounding hills and the Downtown Los Angeles skyline. Additional amenities include central heating/cooling, an on-site laundry room, and a large community deck perfect for hosting gatherings. 4 parking spaces are available to tenants, 2 covered and 2 carport. The property has also been enhanced with new exterior security lighting and a CCTV camera system around the building for added safety. Nestled on a picturesque street lined with architecturally charming homes, the property sits at the top of the historic Micheltorena Steps, with approximately 200 steps leading directly down to Sunset Boulevards vibrant dining, shopping, and entertainment scene. Showcasing a true pride of ownership, the property has been meticulously maintained and presents an exceptional opportunity in one of Los Angeles most sought-after neighborhoods. 958-960 Micheltorena St is currently 100% occupied, providing stable and consistent cash-flow, making it an excellent opportunity for a 1031 Exchange Buyer seeking dependable income in a prime location. Contact Listing Agent for Offering Memorandum. Read Less
Courtesy of Sotheby's International Realty 323-665-1700
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
10
Square Ft.
3,890
Lot Size
0.09 Acres
Year Built
1990
MLS Number
26665077
30 Days Snapshot Of 90026
$1.46M
0%
(avg) sold price
15
+114%
homes sold
76
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Alarm System
Building
3,890 sq ft, Built in 1990, Levels: Multi/Split, Attached
Cooling
Central
Disclosures
Owner Has R.E. License
Exterior Features
Balcony
Garage
2 total garage spaces, Attached, Carport, Covered Parking
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