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$1,450,000

Added 15 days ago

2406 Edgewater Ter, Los Angeles, CA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,450,000

Added 15 days ago

00-3
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 14
Lot Size 
Approx. Age 1940
MLS® Number GD25159104

Property Address: 2406 Edgewater Ter, Los Angeles, California

Average square foot calculated using Size range provided by listing agent.

Description

An ultra-rare opportunity to own a Trophy Triplex in the heart of Silver Lake, near the beloved Silver Lake Meadow & Reservoir, and within the Ivanhoe District. This Turnkey, Income-Producing Asset offers a beautiful blend of charm and modern upgrades—perfect for investors or future owner-occupants seeking a premier asset in a coveted location. Each of the three spacious one-bedroom, one-bathroom residences has been thoughtfully renovated, featuring Refinished Original Hardwood Floors, Immaculate Kitchens, and Bathrooms that blend vintage reproduction with contemporary convenience. The Rear Residence is a Standalone Home with a Huge, Shaded Yard—an ultra-desirable feature that drives premium rent and tenant retention, or a perfect house for owner-user. The front unit offers a vast porch with tranquil views. Current Gross Rent: $8, 240/month with 15–20% Rental Upside. Over a 5.4 Capitalization Rate in Prime Silver Lake!! Two Garages (1-car and 2-car) + additional parking spaces. There may be potential to add 1–3 ADUs (Buyer to verify). All units are separately metered for gas and electricity. Lovingly maintained and cared for, this Platinum Property offers incredible Cash Flow, Exceptional Appreciation, and an Expansive Value-Add Opportunity. Silver Lake is one of the hottest and fastest appreciating neighborhoods in Los Angeles. There have only been two owners of the property since it was built. Please don't walk onto the property. Showings only with accepted offer. Buyer to cooperate with seller's 1031 exchange.
MLS® NumberGD25159104
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.1643
Exterior
GarageYes
Approx. Age1940
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

2406 Edgewater Ter, Los Angeles, CA

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