Los Angeles, CA 90026,830 Tularosa DR
Los Angeles, CA 90026,830 Tularosa DR
Los Angeles, CA 90026,830 Tularosa DR
Los Angeles, CA 90026,830 Tularosa DR
Los Angeles, CA 90026,830 Tularosa DR
Los Angeles, CA 90026,830 Tularosa DR
Donnie Bowen
Donnie Bowen

Broker | License ID: 01317912

+1(949) 290-9754

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$ 1,565,000

$ 1,695,000 7.7%

Est. payment | /mo

8,197 Sqft Lot


$ 1,565,000

$ 1,695,000 7.7%

Est. payment | /mo

8,197 Sqft Lot

Key Details

Sold Price $1,565,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-21022

Sold Date 06/04/25

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 Proforma 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

Financing Cash to New Loan

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by Patrick Cochran • Coldwell Banker Realty
Bought with Samuel Arneson • Compass
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+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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830 Tularosa DR