342 N Dillon, Los Angeles, CA 90026

$1,350,000

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List Price
$1,350,000
Status
ACTIVE
MLS#
OC26240252
Year Built
1991
Lot Size
10,326
Acres
0.24
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

A Rare 3-Unit Investment Opportunity in the Silver Lake/Historic Filipinotown area. This is a rare chance to own a single-family home, a spacious detached duplex, and extra land for future development, all on one property. It covers the whole block, includes two corner lots, and has views of the Griffith Observatory and the Hollywood Sign. Whether you plan to live in one unit and rent the others, hold it as a cash-flowing investment, or build on the extra land, there’s a lot you can do here. The Single-Family Home main house has 3 large bedrooms, 2 full bathrooms plus a separated large recreation room with separate entrance and its own 3/4 bathroom. The open-concept living and dining area flows into a newly renovated kitchen with quartz countertops and newer appliances. From the living room, step out to a large covered balcony next to a patio with a firepit, made for entertaining. The primary suite has a walk-in closet, an updated bathroom, a private balcony, and a spacious multi-level patio that works as a quiet retreat or a BBQ spot. Two good-sized secondary bedrooms share a full bathroom. A 2-car garage with shelving gives you plenty of storage. For the duplex, Each unit has 2 large bedrooms, 1 bathroom, and 2 garage parking spaces. One unit was recently updated with new luxury vinyl flooring. Opportunities like this in one of LA’s most in-demand areas don’t come along often. Schedule your private showing today.

Additional Information

Appliances
Gas Range
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Roof
Composition
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$9,751
Operating Expense
1211

Listing courtesy of Listing Agent: Joel Valmonte (JVALMONTE423@GMAIL.COM) from Listing Office: Douglas Elliman of California.

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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.