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Multi-Family

1618 Maltman Avenue - Silver Lake

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1618 Maltman Avenue - Silver Lake

JUST SOLD: $1,725,000 - Location, location... Located just steps from Silver Lake's beloved Sunset Junction, find a hidden, 6-unit, Spanish style property. The breakdown consists of 2 - 2 bedroom, 2 bath units, and 4 - 1 bedroom, 1 bath units. The owner's 2 bedroom unit will be delivered vacant at the close of escrow and has a projected rent of $2,600/month. Each unit has its own 1 car garage for a total of 6 garage spaces. Rental income is $10,000 per month or $120,000 per year with an upside to future rental increases. Zoned LAR2. Owner pays for gardner, water and trash. Tenants pay gas, electric and cable. Shown by appointment only.

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