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MULTI_FAMILY - Los Angeles, CA
This is a rare opportunity to acquire two adjacent income properties in prime Silver Lake: a triplex at 967 Lucile Ave and a fourplex at 975 Lucile Ave. The properties sit atop the hill, boasting panoramic views of the Hollywood Hills. Their side-by-side positioning is the key value driver, offering an incredible opportunity to increase cash flow and long-term value. Investors can explore significant upside through ADU additions (subject to verification) or even combining the parcels for future development. The location is unbeatable, with trendy dining like Bacari Silver Lake and 33 Taps just minutes away, along with the recreational space of Bellevue Park. This combination of high-demand location and development potential makes this a must-see for any serious investor. There are 3 units at 967 Lucile and 4 units at 975 Lucile. Most units have updated kitchen, bathroom and floors. Stair...
This is a rare opportunity to acquire two adjacent income properties in prime Silver Lake: a triplex at 967 Lucile Ave and a fourplex at 975 Lucile Ave. The properties sit atop the hill, boasting panoramic views of the Hollywood Hills. Their side-by-side positioning is the key value driver, offering an incredible opportunity to increase cash flow and long-term value. Investors can explore significant upside through ADU additions (subject to verification) or even combining the parcels for future development. The location is unbeatable, with trendy dining like Bacari Silver Lake and 33 Taps just minutes away, along with the recreational space of Bellevue Park. This combination of high-demand location and development potential makes this a must-see for any serious investor. There are 3 units at 967 Lucile and 4 units at 975 Lucile. Most units have updated kitchen, bathroom and floors. Staircase and deck at 975 Lucile were repainted and restored in 2021.
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