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Listed by Cameron Samimi, DRE #02035763 • Lyon Stahl Investment Real Estate, Inc.
$ 2,100,000
Est. payment /mo
Active
1411 Mohawk Los Angeles, CA 90026
7,497 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26218467
Year Built 1910
Lot Size 7,497 Sqft
Source California Regional MLS
Property Description
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
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Laundry Other
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5424024020
Special Listing Condition Not Applicable
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