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$1,599,000
4 Beds 6 Baths 26852051 MLS Active Status
Newer-paved parking lot and exterior paint and color scheme refresh this 6-unit apartment that enjoys a prime Silver Lake/Los Feliz location handy to the Hyperion/Rowena commercial hub and Silver Lake Reservoir recreation. One unit to be delivered vacant after 7-31-2026. Balcony, retaining wall and seismic retrofits already performed. There are 4 1-bedroom units, some updated, and 2 studio units. Some units have hardwood flooring and views of the surrounding hills, Downtown and Silver Lake itself. Newer roof, soft-story and retaining wall upgrades. 2 double garages plus off-street, uncovered tenant parking. Quiet corner site near Ivanhoe School and public library. Great long-term, possibly development, potential. A rare opportunity to be sure!

2986 Waverly Drive, Los Angeles

$1,350,000
26832611 MLS Active Under Contract Status
Exceptional investment opportunity in the highly desirable Silver Lake-Echo Park area! Well-maintained 6-unit income property featuring an attractive unit mix of (2) 2-bedroom/1-bath units, (2) 1-bedroom/1-bath units, and (2) studio/1-bath units, offering strong rental demand and stable income potential. Pride of ownership asset with long-term tenants providing consistent occupancy and reliable cash flow. Major capital improvements include re-piping completed in 2017, an electrical upgrade in 2025, and a newer roof installed in 2013, minimizing future maintenance concerns. Ideally located near popular dining, shopping, parks, Downtown LA, and major transportation routes in one of Los Angeles' most sought-after rental markets. Excellent upside potential. Do not disturb occupants. Drive-by only.

626 N La Fayette Park Place, Los Angeles

$2,799,000
PW26046521 MLS Active Status
NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENT PRIME Hi-Fi LOCATION | 5.5% CAP | NO RENT CONTROL 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 can be delivered fully 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 projected 6% 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

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