Residential Income - 2572 Silver Ridge, Los Angeles, CA

Description

RARE SILVER LAKE MULTI-FAMILY COMPOUND WITH DETACHED INCOME-PRODUCING STUDIO! A unique opportunity offering approximately 2,767 SF of combined living space, a spacious main residence plus a legal detached studio apartment with its own separate address, 3-car garage, expansive garden and an extraordinary collection of mature fruit trees. The Main Residence at 2572 Silver Ridge Ave offers approximately 2,227 sf with 4 bedrooms, 2.5 bathrooms. The versatile 4th bedroom can also serve as a spacious bonus room, home office or den. Highlights include a large living room with custom stained-glass window, separate dining room with original oak hardwood floors, central air and heat, new carpeting, and new luxury vinyl plank flooring in kitchen and bathroom areas. The detached studio residence at 2579 Lake View Ave offers approximately 540 sf with its own kitchen, bathroom with shower, open-concept living area, hillside and mountain views, and dedicated tankless water heater. Previously rented for $2,000/month approximately 1.5 years ago, offering attractive potential for rental income, extended family, guests or a private home office. Step outside to a remarkable garden filled with mature fruit trees, including a magnificent 60+ year-old lychee tree, plus mango, longan, starfruit, sapote, persimmon, dragon fruit, jujube, fig, guava, pomegranate, tangerine, and Thai lime. Three outdoor patios, a greenhouse, and a distinctive semi-precious rock fountain created by the original owner add to the property's one-of-a-kind character. Additional features include a 3-car garage, basement laundry area, and a fully paid-off LifeSource whole-house water filtration system. Ideally located near Whole Foods, Atwater Village, Griffith Park, Downtown Los Angeles, Dodger Stadium, restaurants, cafes, and convenient freeway access. TWO RESIDENCES, TWO ADDRESSES, RENTAL-INCOME POTENTIAL, ABUNDANT OUTDOOR SPACE AND AN EXTRAORDINARY GARDEN---ALL IN ONE DISTINCTIVE SILVER LAKE PROPERTY. See Virtual Home Tour link: https://youtu.be/hkPZyuXrcxA

Property details

Location

2572 Silver Ridge • Los Angeles, CA 90039

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Listed by

Geri Gaw Kurumada · Berkshire Hathaway HomeService