2415 Griffith Park Boulevard

Description

Presenting an exceptional investment opportunity: A rare 12-unit + 1 Guest Room & 1 Non-Conforming multi-family property located in the highly sought-after neighborhood of Silver Lake, adjacent to LosFeliz. The property is being offered for sale by the original developer's family and is delivered with 8 VACANT UNITS, presenting a significant opportunity for value-added investment. Spanning across 17,435 SF of Land, the property stretches from Griffith Park Blvd to Hyperion Ave, making it a one-of-a-kind opportunity for an investor seeking to renovate the vacant units, add accessory dwelling units (ADUs), or explore future development potential (Buyer to verify development feasibility). The offering consists of 3 separate buildings, constructed in 1948, 1953, 1962, and 1966, with a majority of single-story units. The unit mix includes 11 one-bedroom/one-bath units and 3 studio units. According to publicly available Certificate of Occupancy records, the total square footage is approximately 6,479 SF. The property is zoned both (Q) C2-1-VL on the Hyperion side and RD2-1-VL on the Griffith Park side. Strategically located in the heart of Silver Lake, this property boasts a Walk Score of 88 ("Very Walkable"), where most errands can be completed on foot. It's just 1 mile from the iconic Sunset Junction, home to popular destinations like Intelligentsia, La Colombe Coffee, San To, Wasteland, Silver Lake Farmers Market, Tartine, Sweetgreen, Indigo, Bacari, Maison Kitsune Paris, Caf Stella, and Kombu Sushi. Additionally, it's just blocks from Trader Joe's and Gelson's in Silver Lake, and mere minutes from the bustling retail corridor of Hillhurst Ave in Los Feliz, offering an abundance of dining, shopping, and entertainment options.**Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of LEGAL building square footage, LEGAL unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, soft-story compliance, and the feasibility of constructingADUs, additional units, or development feasibly.**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **

Listing information courtesy of: Eric Dilanian, Remax Commercial and Investment Realty 213-233-4379. *Based on information from the Association of REALTORS/Multiple Listing as of 01/26/2025 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.