Marcus & Millichap is pleased to present a five unit multifamily property located in Silver Lake, California. Situated at 737 Silver Lake Boulevard, south of Sunset Boulevard and west of North Benton Way, the property is walking distance to Laurel and Hardy Park, the 101 Freeway, and Sunset Boulevard with all of the amenities that come with it.
Positioned between Hollywood and Downtown Los Angeles, Silver Lake is best known for its wide variety of socio-economic groups and diverse cultural arts scene. Offering a host of exquisite wine tastings, progressive coffee shops, and popular nightlife, the area continues to attract new residents, businesses, and visitors each year. The area is home to the breath-taking Silver Lake Reservoir, an exertive Sunset Junction, and is recognized as having some of the most modern architecture in the nation. The subject property is a short walk from three of the top five highest-rated restaurants in the city, and is down the street from the highly-coveted Silver Lake Boulevard and Sunset Boulevard junction.
Built in 1965, this two-story building presents an excellent unit mix of four (4) one-bedroom/ one-bathroom units and one (1) two-bedroom/ one-bathroom unit. This unique property features on-site parking, spacious units, a gated entry, and exceptional frontage on a main thoroughfare in the neighborhood.
Ideally positioned in a prime Silver Lake location, the subject property presents an excellent opportunity for an investor to acquire in a prime location with tremendous upside potential.
