1726 Lake Street

Description

First time on the market in over 16 years! This charming Duplex is perfect for homebuyers looking to offset some of their payment with rental income or for investors seeking a prime opportunity in a desirable location. Its proximity to film studios ensures consistent tenant demand, making it a reliable income generator. The location offers plenty of street parking, a private driveway, and approved plans to convert the garage into an ADU, providing even more income potential. With a bit of additional TLC or small reconfigurations, you could significantly increase the current rental income. Don’t miss this versatile property with endless possibilities! Unit 1 (shown in photos) is 604 Sq Ft, 1 bed/1bath with laundry room. Has access to a shared small back yard. Currently vacant but listed for rent for either a month to month lease or a 6 months lease, giving the new owner flexibility. Unit 2 is 950 Sq Ft, has a bonus room, large living room, dining room, and laundry room. The unit is currently occupied, but will be vacant within 60 days.

Listing information courtesy of: Anahit Martikyan, Prominent Realty Group 818-476-4133. *Based on information from the Association of REALTORS/Multiple Listing as of 03/14/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.