2480 Silver Boulevard
Los Angeles, CA 90039

2-on-a-lot, Spanish style. Walk to Whole Foods 365, Silverlake Wine, CVS, Gingergrass, Starbucks, Red Lion Tavern, Petco, library, and more. Easy access to 5 and 2 Freeways, Los Feliz, Hollywood, DTLA, Glendale/Burbank. Front unit: 1+1, approx. 600 SF, will be delivered vacant. Back unit: 2+den+1, approx. 900 SF, tenant's lease exp. Apr 2021. Gross annual income $57,600 (market rent, tenants never lapsed in payments). 5% Cap Rate. 15.63 GRM. Investors, these are incredible numbers for prime Silver Lake. This property is also great for owner/user. Each unit has laundry room & 1-car garage. Front unit has a spacious patio that sits above both garages with hillside view. Back unit has a back patio with planting area. Beautiful giant bird of paradise, bougainvillea, & a prolific Meyer lemon tree add to the pride of ownership. Property is completely private and has pedestrian gate from sidewalk . Virtual tour link takes you inside front unit. Click orange dot on TV screen to go to rear unit