Listed By:
Martin Fish with Citivest Realty Services, Inc; 310-905-4834
Address
732 Tularosa Drive, Silver Lake, CA
Price
$ 1,550,000
Property Attributes
  • MLS#PW22165016
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CitySilver Lake
  • AreaSilver Lake - Echo Park
  • Zip90026
  • StyleDuplex
  • Price$ 1,550,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1888
  • Lot Size7,501 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Attention developers and investors, plans in hand and delivered vacant! Prime investment opportunity in Silver Lake Submarket, Delivered RTI ready. Plans for four large units located in one of the fastest growing and most highly-coveted rental markets in Los Angeles. Unit plans include (2) Five bedroom and (5.5) Bath, One Four (4) Bed (3.75) Bath and a (3) Bed (3) Bath unit. Plans were submitted prior to 2022, relieving the developer of any affordable housing requirements associated with SB8. Many different approaches to this investment from living in one and renting the other, a flip or new construction. Bring all offers as this will not last. Property to be sold on an as-is basis.

Price History
8/15/2022 Listed $1,550,000

General Features

Sewer PublicSewer
Zoning LARD2
Garage Spaces 2.0
Pool Features None
Year Built 1921
Property SubType Duplex
Gross Income 38040.0
Community Features Suburban
County Los Angeles
Net Operating Income 19434.0
Operating Expense 18606.0
Insurance Expense 888.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 1000.0
Garage Y/N Yes
Other Structures TwoOnALot
Special Listing Conditions Standard
Status Active
Directions Between Bellevue Ave / Marathon Street
City Silver Lake
Disclosures RentControl
View Y/N No
Senior Community Y/N No
Total Units 2
MLS Area C21 - Silver Lake - Echo Park
Lot Size Square Feet 7500.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 2
Street Name Tularosa
Property Attached Y/N No
Land Lease Y/N No
Electric Expense 0.0
Home Warranty Y/N No
Trash Expense 0.0
Water Sewer Expense 1180.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 313
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 97
Total Actual Rent 3170.0
Property Sub Type Additional Duplex
Expected Active Date 2022-08-14
MobileHomeRemainsYN No

Interior Features

Common Walls NoCommonWalls
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Drive
Laundry Features Inside
Electric On Property Y/N No

Exterior Features

Water Source Public
Total Parking 2.0
Lot Size Area 7500.0
Number of Buildings 2
Spa No
Building Area Total 1888.0
Lot Size Acres 0.1722
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90026

Price
AVG $1.98M
$1.55M
Visits
AVG 106
150
Data Provided by Inside Real Estate®
Year Built
AVG 1939
1921