1618 Maltman Avenue, Los Angeles, CA 90026 (Silver Lake)
Listing Price - $1,725,000
Location, location... Located just steps from Silver Lake's beloved Sunset Junction, find a hidden, 6-unit, Spanish style property.
The breakdown consists of 2 - 2 bedroom, 2 bath units, and 4 - 1 bedroom, 1 bath units. The owner's 2 bedroom unit will be delivered vacant at the close of escrow and has a projected rent of $2,600/month. Each unit has its own 1 car garage for a total of 6 garage spaces.
Rental income is $10,000 per month or $120,000 per year with an upside to future rental increases. Zoned LAR2. Owner pays for gardner, water and trash. Tenants pay gas, electric and cable. Shown by appointment only.
Listing provided courtesy of Matthew Morgus from Sotheby's International Realty | 323-301-3041.