700 N Dillon Street, Los Angeles, CA 90026
Offered at
$1,499,000
Outstanding investment opportunity in the heart of Silver Lake just blocks from popular Sunset Junction. This versatile triplex consists of a single-family front house and duplex in the rear, ideal for an owner/user seeking passive income or for investors looking for a high demand location. The front unit is a charming Spanish-style 3BR/1BA home with 1,216sf featuring original hardwood floors, spacious living room, formal dining room, remodeled bathroom with dual sinks and private backyard. There is potential to add a second bathroom to the house. Behind the front house is a detached 2-story duplex with two 2BR/1BA units at 575 sq ft. each. The entire triplex is being delivered with tenants that are all month-to-month and has great upside potential. The large lot offer possible expansion (buyer to verify). Gated and secure with driveway and parking for four cars, the property is located minutes from cafes, shops, major transit and one mile away from the Silver Lake Reservoir running trail, picnic area and dog park. With an array of eclectic boutiques, artisanal bakeries, and world-class dining just around the corner, this property places you in the heart of it all. Whether you're looking to add to your portfolio or occupy one unit while generating income from the others, this is a rare chance to own in one of L.A.'s most in-demand rental markets.