Asking Price: $1,995,000

Fully Renovated, Turnkey 4-Unit Investment in Silverlake! Discover your next perfect, hassle-free investment in one of Los Angeles’ most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom—no detail overlooked—making it an ideal addition to any portfolio. Property Highlights: -Prime Silverlake & Echo Park Area only 1.5 miles from popular Silverlake Reservoir, Silver Lake Dog Park, and Echo Park Lake -Fully gutted and renovated making it a hassle-free turnkey investment -$175,500 annual rental income -Attractive 7.03% cap rate and 11.3 GRM. -Tenants pay 100% of utilities; each apartment has its own electrical meter, gas meter, and water heater. Property Upgrades: -Brand new 40 year roof -Complete interior gut renovation -New windows -Brand-new kitchens with modern cabinetry and finishes -Fully restored bathrooms -New flooring throughout -New interior paint -New lighting, fixtures, and hardware -All new plumbing and sewer lines -New main sewer line cleanout -All new electrical wiring throughout -New electrical panels -Updated major building infrastructure Additional Information: Photos are virtually staged with furniture. No furniture comes with the sale. Do not disturb tenants. One unit can be available for owner at COE. Listing agent has ownership in property.