967-975 Lucile Ave 2 Multifamily Properties Offered at $3,598,000 in Los Angeles, CA

This is a rare opportunity to acquire two adjacent income properties in prime Silver Lake: a triplex at 967 Lucile Ave and a fourplex at 975 Lucile Ave.The properties sit atop the hill, boasting panoramic views of the Hollywood Hills. Their side-by-side positioning is the key value driver, offering an incredible opportunity to increase cash flow and long-term value. Investors can explore significant upside through ADU additions (subject to verification) or even combining the parcels for future development.The location is unbeatable, with trendy dining like Bacari Silver Lake and 33 Taps just minutes away, along with the recreational space of Bellevue Park. This combination of high-demand location and development potential makes this a must-see for any serious investor.
No sign on the property. Drive-by only. Do NOT walk on the property and do NOT disturb tenants. Showings with accepted offer. Sold as-is with tenants in place. Buyers are advised to conduct their own due diligence and investigations. Listing broker makes no representations or warranties, expressed or implied, regarding the accuracy of the information provided by the seller or obtained from public records or other sources. Seller requests to close the escrow concurrently with the adjacent property for sale.