Photos: 830 Tularosa Dr, Los Angeles, CA 90026

Silver Lake 2586 sqft Triplex - three units: two with two bedrooms and one bathroom and the third with two bedrooms and two bathrooms.

830 Tularosa Dr, Los Angeles, CA 90026 ♦ $1,695,000 ♦ info ♦ map
6 bd, 4 ba

830 Tularosa Dr, Los Angeles, CA 90026

MLS P1-21022 ♦ $1,695,000
6 bd, 4 ba

This triplex presents investment potential on a quiet street in Silver Lake, conveniently located and just a short distance to Sunset Boulevard. The property comprises three units, two units with two bedrooms and one bathroom, and the third unit with two bedrooms and two bathrooms. This property is well suited for owner-occupants, as one unit is currently vacant, providing the opportunity to reside on-site while generating strong rental income from the remaining units.

The property features four tandem parking spaces, accommodating up to eight vehicles, with one tandem space available for additional rental income. The property also features excellent future development potential with nearly 4k sf of unused site area. Conceptual plans are available for constructing two detached Accessory Dwelling Units (ADUs), each designed with three bedrooms, three bathrooms, and approximately 1,400 square feet each. Furthermore, there is potential to construct additional ADUs by converting the carport. Recent changes in CA ADU laws present exciting potential for adding more units. With a Gross Scheduled Income of $132,324 and approx. NOI of $97,240 and an approx. Cap Rate of 5.7 %, this one should not be missed.