2618 Glendale, Los Angeles, CA 90039
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2618 Glendale, Los Angeles, CA 90039
2618 Glendale, Los Angeles, CA 90039
2618 Glendale, Los Angeles, CA 90039
2618 Glendale, Los Angeles, CA 90039
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Anna Taylor

Anna Taylor

+1(562) 275-1710
$ 2,690,000
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2618 Glendale Los Angeles, CA 90039

5,810 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26132163

HOA Y/N No

Year Built 1951

Lot Size 5,810 Sqft

Property Sub-Type Apartment

Property Description

2618 and 2616 Glendale Blvd are opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets. Upside potential is renovating the remaining two units into 2 bedrooms from 1 bedroom.

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Interior

Cooling Ductless, Heat Pump

Fireplace No

Laundry Inside

Exterior

Parking Features Driveway

Fence Block, Wrought Iron

Pool None

Community Features Street Lights, Urban

Utilities Available Natural Gas Connected

Roof Type Asphalt

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5438017010

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ann Marie Uy Homesmart Evergreen Realty 323-359-1008, DRE #01712288

Nearby Locations

Anna Taylor

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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2618 Glendale