2618 Glendale, Los Angeles, CA 90039
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2618 Glendale, Los Angeles, CA 90039
2618 Glendale, Los Angeles, CA 90039
2618 Glendale, Los Angeles, CA 90039
2618 Glendale, Los Angeles, CA 90039
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Don Pelletier

Don Pelletier

+1(858) 336-1114
$ 2,690,000
Est. payment /mo
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2618 Glendale Los Angeles, CA 90039

3 Beds

2 Baths

5,811 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26132163

Bedrooms 3

Lot Size 5,811 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

2618 and 2616 Glendale Blvd are opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets. Upside potential is renovating the remaining two units into 2 bedrooms from 1 bedroom.

Location

State CA

County Los Angeles

Zoning Appraiser

Direction North on glendale Blvd

Interior

Cooling Heat Pump(s)

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5438017010

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Ann Marie Uy, DRE#01712288 Homesmart Evergreen Realty 

NEARBY SCHOOLS & PROPERTIES

Don Pelletier

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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2618 Glendale

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