622 Maltman Ave, Los Angeles, CA 90026
0.17 Acres of Commercial Land Offered at $1,299,000 USD in Los Angeles, CA 90026
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,299,000
- Property Type
-
Land
Listing Contacts
Daniel Shamooelian
Verified Profile
- Property Info
Property Overview
PRICE REDUCED $200K! Beautiful Silver Lake craftsman home brimming with character and tons of potential. Situated on a spacious 7,500 sqft R3 lot, this legal duplex comes with a plethora of options for any buyer: perfect for an owner user looking to live in the main home and rent out the guesthouse for extra income, renovate both units and re-lease at full market rents with the ability to convert the existing 2-car garage into an ADU, or build 9 brand new multifamily units or more using state density bonuses. May also be an excellent candidate for an ED 1 100% fully affordable project! The front house, 2 bd/1 bath ~1,500 sqft, is spacious & charming with loads of character & original features, while the back house is a 1 bd/1 bath ~700 sqft, recently rented out for $2,800/month! Both units feature their own in-unit washer dryer. Lots of private outdoor space for both units full of greenery with stunning views of all of LA. Located in the heart of Silver Lake within walking distance to all the trendy dining, coffee shops, shopping, and entertainment spots on Sunset Blvd. Property is also situated within close proximity to Echo Park, Koreatown, Downtown LA, the 101 Freeway, and so much more. Both units will be delivered vacant! Do not miss this opportunity to purchase a true gem in one of LA's hottest neighborhoods at an affordable entry price. Contact listing agent for more details or to schedule a showing!
Property Details
- Property Subtype
- Commercial
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