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806 Tularosa Drive
Los Angeles, CA 90026


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Property Remarks

12-unit courtyard style investment opportunity located in Silver Lake (90026), in the Hollywood / Silver Lake sub-market.~Offers investors a unique and rare opportunity to immediately experience strong and stable income upon acquisition along with future rental upside through natural attrition.~The unit composition features Ten (10) One Bedroom-One Bathroom and Two (2) Two Bedroom-Two Bathroom Townhouse apartment homes within 8,566 SF of improvements.~ Nine of the twelve units (75% of units) have undergone a major gut-level renovation.Common spaces as highlighted by drought resistant landscaping and gated entry.Also available is 12 units on Tularosa - One Block away

Property Details

MLS#
18306842
Days on Market
33
Year Built
1927
Stories
1
Building/Living Area (sq ft)
8,200
Source of SqFt
Vendor Enhanced
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Silver Lake - Echo Park (C21)

Presented By:

Listing provided courtesy of Rich Johns , KW Commercial Studio City


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Interior Features
Other

Additional Property Details

Number of Units
12
Number of Buildings
2
Gross Operating Income
$276,996
Total Expense
$0
ADA Compliance
No

AC/Cooling
Other
Heating
Other

Silver Lake

The height of laidback cool, Silver Lake is beloved by hipsters and creative types seeking an urban lifestyle.  Silver Lake is dominated by the Silver Lake and Ivanhoe Reservoirs, which give the area its name and are surrounded by a recreation area.

Real Estate: Long on style, Silver Lake real estate embraces styles from Spanish Revival homes built in the 1920s and 1930s to the mid-century Modern homes by some of the great architects of the era including Richard Neutra and John Lautner. Apartments and condos are available in the Sunset Junction area and single-family homes up in the hills often have reservoir and city views.

Community Life: Silver Lake offers all the charms of hip urban life. The cafes and shops of Sunset Junction are always a popular destination for folks all around the city. The Silver Lake reservoir’s two-mile loop is popular with walkers and runners alike. With both LAMill and Intelligentsia in the area among others, great coffee abounds.

Education: Silver Lake is served by the Los Angeles Unified School District and schools in the area include Ivanhoe Elementary, Allesandro Elementary, and Micheltorena Elementary. Private schools include ASA Silver Lake School, St. Francis of Assisi Elementary and St. Teresa of Avila Elementary.

Transportation: Easily accessed by the 101 freeway and the 5 freeway, Silver Lake is conveniently located for easy commuting.

Local Attractions:  Silver Lake was the home of much of the early film industry. Walt Disney’s first large studio was in the area. The neighborhoods are also famous for many pedestrian stairs including the Music Box stairs which played a role in an early Laurel and Hardy movie. 

Community Explorer

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