Investment Opportunity in Silver Lake
Investment Opportunity with upside potential! Presenting this LAR2 income property in sought after Silver Lake neighborhood. Currently the property consists of a main house with 2 bedrooms and 2 bathrooms and a 1 Bedroom in the back. Buyer to verify. Perfect for a savvy investor with a vision, looking for a project worth fixing up for that income - live in one and rent out the other or rent out both! Centrally located near Silver Lake and Sunset Boulevard in a hot rental market area, easily accessible to Hollywood and Downtown Los Angeles. This is an AS-IS sale. Drive by only. No Contingencies. Do not disturb occupants. Tenant in main 2 bedroom, 2 bath house eviction is scheduled for December 13, 2020! Buyer must do their own due diligence on bed, bath count and rent projections after property improvements. Back unit is currently leased for $700 per month, plus storage for $200 a month for a total of $900. Sale is subject to the back occupants remaining at the close of escrow.