$ 2,100,000
-
$2,100,000
Price -
14
Bed -
8
Bath -
5,036
SqFt -
0.17
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing SB1310620 - SBSAMICAM
Truly an incredible Silver Lake asset in one of the most coveted pockets of the city. This property is the perfect addition for an investor, owner-user (house hacker), or value-add investor, with the ability to add 2–6 ADUs. This asset checks so many boxes. The front Craftsman duplex offers exceptional character and charm. The upstairs residence features 3 bedrooms and 2 bathrooms with high-end renovations, while the downstairs unit also features 3 bedrooms and 2 bathrooms and is available for an immediate owner-occupier. The rear four units are all 2-bedroom, 1-bathroom units and benefit from newer construction built in 1985, providing the updated systems and construction quality many investors are looking for. Four of the six units have experienced turnover and have been completely gut-remodeled. The remaining two units provide an opportunity for tremendous upside. There is approximately 45% upside in the current rents alone, excluding any ADU potential. The property also features a massive six-wide parking lot, with all spaces oversized and approximately 2+ cars deep in tandem. Some tenants have accommodated as many as three vehicles in the past. This parking configuration provides the potential to build approximately 2–6 ADUs, depending on the investor’s preferred plan. For example, if an investor elected to build four ADUs, the property could potentially achieve approximately 115% upside, more than doubling its value with an estimated $650,000 investment. This would bring the total investment to approximately $2.7 million, with a projected new value of over $4.3 million. Do not miss this opportunity!
Listing Highlights for 1411 Mohawk
Interior Details
- Bedrooms: 14
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: 2+ Total Units,Has ADU
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5424024020
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1411 Mohawk Los Angeles, CA 90026
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
