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$2,350,000
PW26046521 MLS ⋅ Active Under Contract Status
NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENT PRIME Hi-Fi LOCATION | ACTUAL 6.16% CAP | NO RENT CONTROL | 100% LEASED AT MARKET RENTS! This is a rare opportunity to acquire a brand-new, high-yield asset in one of Los Angeles’ most supply-constrained and aggressively appreciating rental markets. Located just minutes from Silver Lake, this newly constructed four-unit luxury community offers immediate cash flow with long-term upside. Certificate of Occupancy is in hand. The property is 100% LEASED at market rents, providing day-one stabilized income. With no rent control restrictions, investors retain full operational flexibility and future rental growth potential —a significant advantage. Offered at a 6.16% cap rate, in a neighborhood where new construction inventory is extremely limited and rental demand consistently outpaces supply. The property consists of two modern brand-new structures totaling four premium units. Each residence features highly desirable floorplans, private laundry rooms, tandem parking, and upscale finishes designed to attract high-credit tenants. Each unit is separately metered for all utilities, plus dedicated common-area meters, allow for clean expense allocation and streamlined management. Built for durability and efficiency, the property includes solar systems, energy-efficient appliances, drought-tolerant landscaping, and low-maintenance materials — minimizing operating costs while maximizing long-term performance. As new construction, the asset offers the added benefit of reduced capital expenditure risk and a one-year builder fit and finish warranty. Positioned between Hollywood and Silver Lake in Historic Filipino town, the location commands premium rents driven by proximity to tech hubs, creative industries, nightlife, dining, and retail. Rental comps in the immediate area continue to push upward, supported by a stable, high-income tenant base. For investors seeking a turnkey, low-maintenance, high-performing asset in one of LA’s strongest rental corridors — this opportunity checks every box. Contact us for full financials or to learn more about the developer’s additional new construction opportunities throughout Los Angeles.

415 N La Fayette Park, Los Angeles

$1,649,000
4 Beds ⋅ 3 Baths ⋅ 25478203 MLS ⋅ Active Under Contract Status
**A Rare Silver Lake Gem Fully Vacant Spanish Duplex** Discover a truly exceptional Spanish duplex in the heart of Silver Lake, offering an incredible opportunity for both owner-occupiers and savvy investors. Fully vacant and brimming with character, this unique property features two distinct residences: a spacious two-story 3-bedroom, 2-bath unit downstairs and a charming 2-bedroom, 1-bath unit upstairs. Both units boast stunning hardwood floors, abundant natural light, and their own private 1-car garage. Nestled on one of Silver Lake's most coveted streets, this property exudes vintage LA charm with original hardwood flooring, and elegant moldings. The expansive backyard, dotted with mature fruit trees, vibrant rose bushes, and a balcony, provides a tranquil retreat in the midst of the city. Located just 0.2 miles from Sunset Blvd, this duplex offers seamless access to Silver Lake's renowned dining, shopping, and cultural hotspots. Its prime location ensures convenient access to public transportation and nearby amenities, enhancing both lifestyle and investment potential. With separate gas and electrical meters, strong income potential, and the flexibility for owner-occupancy or investment, this is an outstanding opportunity to own a slice of Silver Lake's history and charm. Don't miss out on this rare find!

1664 1666 Elevado Street, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.