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2243 India St - Silver Lake Townhome Duplex by The Reservoir 2 Unit Apartment Building Offered at $1,500,000 Los Angeles, CA 90039



INVESTMENT HIGHLIGHTS
- Silver Lake Spanish-style duplex located 0.5 miles from The Reservoir, adjacent to Atwater Village, and north of Sunset Blvd. (2 Miles)
- Detached structure features (2) 1-car garages and offers a potential ADU opportunity (garage conversion or above the existing footprint).
- Consists of 2 townhouse-style residences. Both units feature 2 beds and 2 baths, and average approx. 1,350+ SF each.
- Surrounding neighborhood is defined by architecturally diverse hillside, many commanding multi-million-dollar values, reinforcing desirability.
EXECUTIVE SUMMARY
2243 India presents an opportunity to acquire a character-rich, owner-user duplex in one of Silver Lake’s most desirable residential pockets, positioned north of Sunset Blvd and adjacent to the heart of Atwater Village. The property sits within a quiet, architecturally diverse enclave of hillside and Craftsman-era homes, many of which command multi-million-dollar values, while remaining just a short walk from the Silver Lake Reservoir. Residents are also moments from the Glendale Boulevard corridor, home to a curated mix of independent cafés, wine bars, and neighborhood restaurants, as well as Silver Ridge Plaza, anchored by a Whole Foods Market and daily essentials. Built in 1931, the Spanish-style property consists of two townhouse-style residences, each offering a spacious and functional layout rarely found in today’s smaller-scale multifamily product. Both units feature two bedrooms and two bathrooms and average over 1,350 square feet each. The ground level of each residence includes a living room, dining area, kitchen, bedroom, and full bathroom, while the upper level is dedicated to a generous primary suite with additional office or flex space and an en-suite bathroom. Interior finishes include a combination of wood and tile flooring, granite kitchen countertops, and updated bathroom finishes that maintain the property’s original character while supporting modern living. The configuration makes 2243 India particularly well suited for long-term owner-users seeking separation, privacy, and flexibility, whether occupying one unit while leasing the other or accommodating multi-generational living. The property is further enhanced by substantial rear-yard space, providing outdoor separation between the main structure and a detached garage. At the rear of the lot sits a detached structure with (2) 1-car garages, offering future value-add potential through garage conversion or the addition of accessory dwelling units above the existing garage footprint, subject to buyer verification of zoning, design feasibility, and permitting requirements. The depth of the lot and separation from the main structure create a compelling foundation for thoughtful expansion without compromising the integrity of the existing residences. 2243 India combines timeless architecture, a walkable Silver Lake location, and long-term optionality in a setting that increasingly appeals to buyers prioritizing both lifestyle and flexibility within one of Los Angeles’ most supply-constrained neighborhoods.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,500,000 | Lot Size | 0.16 AC |
| Price Per Unit | $750,000 | Building Size | 2,764 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1931 |
| Apartment Style | Townhome | Parking Ratio | 1.45/1,000 SF |
| Price | $1,500,000 |
| Price Per Unit | $750,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Lot Size | 0.16 AC |
| Building Size | 2,764 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 1.45/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Granite Countertops
- Hardwood Floors
- Porch
- Large Bedrooms
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | $1,700 | 1,350 |
Walk Score®
Very Walkable (81)
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2243 India St - Silver Lake Townhome Duplex by The Reservoir
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