1915 Apex

  • $1,600,000
Sold Los Angeles, Silver Lake
1915 Apex Ave, Los Angeles, CA 90039
  • Multifamily
  • Property Type
  • 3
  • Number of Units
  • 5.30
  • Cap Rate
  • 15.12
  • GRM
  • $533,333
  • Price/Unit

Overview

  • Multifamily
  • Property Type
  • 3
  • Number of Units
  • 5.30
  • Cap Rate
  • 15.12
  • GRM
  • $533,333
  • Price/Unit

Description

Incredible Spanish style triplex on one of the most sought after streets in Silver Lake. Property has been meticulously maintained and has strong rents with even more potential upside in one of the hottest neighborhoods in the country.

Front unit is a beautiful split level 2BR/1BA with brick fireplace, large open kitchen and a separate basement bedroom. Former owner’s unit is an incredible 2BR/2BA indoor/outdoor living space completely remodeled with gorgeous hardwood floors and spacious interiors with high ceilings.

Most importantly, it has a 1000 square foot deck with 180 degree views from the Hollywood Sign to the Silver Lake Reservoir all the way to Century City. A breathtaking view.

Bottom unit is 2BR/2BA plus den that’s being used as a 3rd bedroom with deck. All units have washer/dryers.

Apex is one of the most coveted streets in Silver Lake as it’s literally the apex of the area nestled between the restaurants and stores of Silver Lake Blvd and Glendale Blvd. A prize building.

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 2,923 Sq Ft
  • Lot Size: 5,012 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 5
  • Year Built: 1926
  • Price: $1,600,000
  • Number of Units: 3
  • Price/Unit: $533,333
  • GRM: 15.12
  • Price/SqFt: $547
  • CAP: 5.30
  • Address 1915 Apex Ave
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90039
  • Area Silver Lake

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