Properties

Los Angeles, CA 90039 2616 Glendale Boulevard

2616 Glendale Boulevard Los Angeles, CA - Image 12616 Glendale Boulevard Los Angeles, CA - Image 22616 Glendale Boulevard Los Angeles, CA - Image 3
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Presented By: Robert Chuang with Berkshire Hathaway Home Servic;
  • MLS# P125226
  • 12/17/2025
  • Get pre-approved
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  • Baths • 1
  • SQFT • 4,180

Home Details

Rare opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets. Upside potential is renovating the remaining two units into 2 bedrooms from 1 bedroom. There was a previous appraisal valued the property at $3,640,000.
Presented By: Robert Chuang with Berkshire Hathaway Home Servic;

Interior Features for 2616 Glendale Boulevard

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesInside
Total Stories2

General for 2616 Glendale Boulevard

AppliancesDishwasher, Gas Range, Gas Water Heater, Tankless Water Heater
CityLos Angeles
Community FeaturesSidewalks
CoolingDuctless
CountyLos Angeles
DirectionsEast on Fletcher Dr and North on Glendale Blvd
Energy EfficientAppliances, HVAC, Water Heater
Garage Spaces
Garage Y/NNo
Gross Income181980
HOA Fee$
HeatingDuctless, Floor Furnace
Insurance Expense2994
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet5811
Lot Size UnitsSquare Feet
Net Operating Income148807
Number Of Units Total6
Operating Expense33172.37
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNot Applicable
Tax Lot33
Trash Expense317.62
ViewNone
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense4041
Year Built1951
Year Built SourceAssessor

Exterior for 2616 Glendale Boulevard

Building Area Total4180
FencingWrought Iron
Lot FeaturesSprinklers None
Lot Size Acres0.1334
Lot Size Area5811
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters3
Parking FeaturesConcrete, Driveway, Shared Driveway, On Street, Tandem, Uncovered
Private PoolNo
SpaNo
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,690,000
MLS#P125226
List Date 12/17/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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