
Los Angeles, California 90039
This Renovated Spanish-Style Triplex is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,402,396 Fair Market Value by 7%. This valuation gap provides $103,396 in Instant Equity. Featuring a Condition Rating of 2, the property offers turnkey interiors with modern shaker cabinetry and stone countertops. Situated on a 7,651 sqft lot near the Silver Lake Reservoir in the Los Angeles Unified district, it includes a detached bungalow and ADU conversion potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2258 Duane Subject | $1,299,000* List Price | 0 | 0 | 1,619 | $866 | - |
A 2207 - 2009 Apex Avenue Active Under Contract | $1,199,999 List Price | 2 | 2 | 1,182 | $1,015 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1910 build year, the property has undergone extensive recent renovations that bring it up to modern standards. The kitchens feature contemporary white shaker cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been fully updated with modern subway tiling, glass shower enclosures, and new vanities. The flooring is consistent and high-quality throughout, and the overall interior presentation shows no signs of deferred maintenance, making it move-in ready.
Situated just steps from the Silver Lake Reservoir and Dog Park, this property is in one of Los Angeles' most walkable and high-demand neighborhoods, ensuring strong tenant appeal and long-term appreciation.
The inclusion of a separate storage structure on a generous 7,651 sqft lot provides a significant opportunity for an ADU conversion, allowing an investor to increase density and maximize rental yield.
The layout of a front duplex plus a detached rear bungalow with its own yard offers excellent flexibility for an owner-user to live in one unit while generating substantial income from the others.
Built in 1910, the property likely requires ongoing maintenance and potential upgrades to aging systems such as plumbing and electrical to meet modern standards and tenant expectations.
With a total of 1,619 square feet distributed across three units, the average unit size is relatively small, which may limit the rental ceiling compared to larger multi-family offerings in the area.
Charming Spanish-style triplex just steps from the Silver Lake Reservoir and Dog Park. The property features a front duplex with a 1BD/1BA and 2BD/1BA, plus a detached 1BD/1BA rear bungalow with its own yard and mature avocado tree. Separate structure offers storage or potential ADU conversion (buyer to verify). Two-car carport in rear, plus additional assigned parking. Generous outdoor space ideal for tenants or owner-user. Ideally located near Whole Foods, popular restaurants, shopping, and the vibrant scenes of Silver Lake, Los Feliz, Echo Park, and DTLA. Excellent investment or owner-user opportunity in one of LA’s most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 44% |
| Baths | 0.0 | 2.0 | 44% |
| Square foot | 1,619 | 1,930 | 33% |
| Lot Size | 7,651 | 5,981 | 78% |
| Price | $1.30M | $1.41M | 44% |
| Price per sq ft | $802 | $802 | 50% |
| Built year | 1910 | 1940 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 139 | 33% |
Feb 11, 2026
$1,299,000
Initial Listing