1825 N Easterly TER, Los Angeles, CA 90026
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1825 N Easterly TER, Los Angeles, CA 90026
1825 N Easterly TER, Los Angeles, CA 90026
1825 N Easterly TER, Los Angeles, CA 90026
1825 N Easterly TER, Los Angeles, CA 90026
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$ 2,198,000
Est. payment /mo
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Price Dropped by $52K

1825 N Easterly TER Los Angeles, CA 90026

4,782 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26101758

HOA Y/N No

Year Built 1979

Lot Size 4,782 Sqft

Property Sub-Type Triplex

Property Description

Rare Silver Lake triplex offering a unique street-to-street hillside lot. Generating approximately $157,800 in annual gross income and an estimated 5.75% in-place cap rate and 5.9% pro-forma cap rate, this property presents an exceptional opportunity for investors, owner-users, or multigenerational living.
The property includes a spacious 5-bedroom unit currently rented month-to-month at $7,390 per month, creating future flexibility for owner occupancy or continued income production. Two additional units generate stable rental income in one of Los Angeles' most sought-after rental markets.
Features include dedicated parking, separate unit access, abundant natural light, and a versatile layout ideal for a variety of ownership strategies. Conveniently located near the Silver Lake Reservoir, Sunset Junction, Echo Park, DTLA, dining, shopping, and nightlife.
Recently reduced to $2,198,000. Strong in-place income with long-term upside potential. Rent roll, operating expenses, and additional financial information available upon request. Buyer to independently verify all information, permits, square footage, zoning, and income/expense figures.
Investment package including rent roll, operating expenses, and additional financial information available upon request.
Buyer to independently verify square footage, permits, zoning, and all income/expense information.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen, Stacked

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Dog Park, Lake, Park, Street Lights, Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5423023008

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard


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Listed by Alec Petrossian Alex Hartounian 818-613-5471, DRE #01864433
Luda Phipps

Luda Phipps

Broker | License ID: 02139266

+1(619) 277-5474

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1825 N Easterly TER