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1651 Redcliff Street, Los Angeles, CA, 90026

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$5,150,000
246 Days On Site

1651 Redcliff Street
Los Angeles, CA 90026

For Sale|Residential Income|Pending
22
Beds
19
Full Baths
0
Partial Baths
10,138
SqFt
$508
/SqFt
1956
Built
County:
Los Angeles

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1651 Redcliff Street1651 Redcliff Street1651 Redcliff Street1651 Redcliff Street
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Monthly Payment (Est.)

$23,496
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Welcome to 1651 Redcliff Street, an amazing 6-unit property nestled in the heart of Silver Lake (90026), a highly sought-after neighborhood in Los Angeles. The property offers a diverse unit mix, comprising a 1927-built front house with 4 bedrooms and 3.5 baths, a triplex built in 1964 with three 2-bedroom, 2-bath units, and a newly constructed duplex featuring two 6-bedroom, 4.5-bathroom units with rooftop decks and stunning views. All units have been beautifully renovated or are newly constructed, commanding top-of-the-market rents. There are RTI plans for a storage room to be converted into a spacious (+/-) 731 square foot Accessory Dwelling Unit (ADU). Featuring sunlit interiors with hardwood floors and carefully crafted architectural details, these units provide a warm and welcoming ambiance. Each unit boasts spacious bedrooms, updated kitchens with stainless steel appliances, stylish bathrooms, central AC, in-unit laundry, and private outdoor spaces in some units. Situated on a 16,736 square foot lot, aside from the newly constructed duplex, all units have undergone gut-level renovations, ensuring a modern living experience while preserving their timeless charm. Additionally, all units are separately metered for gas and electric, with parking available for 10+ vehicles. The property's prime location in Silver Lake offers proximity to cafes, entertainment venues, and lifestyle amenities such as Intelligentsia, Erewhon, Edendale, Forage, Michelangelo Ristorante, Ivanhoe Restaurant, Burgers Never Say Die, Whole Foods, and Trader Joe's. With DTLA, Los Feliz, and Hollywood just a short drive away, residents have access to countless dining and shopping options. Positioned in the thriving Silver Lake-Hollywood submarket, 1651 Redcliff presents an ideal investment opportunity for apartment operators seeking immediate returns and long-term wealth preservation through stable rental income and potential property appreciation. Its outstanding location, robust income metrics, and potential for future rental income growth make it an attractive asset. Buyer's responsibility includes verifying all zoning regulations and building feasibility with the Los Angeles Department of Building and Safety (LADBS) and other relevant city departments. To obtain further details or to arrange a showing, please contact the listing agent.

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Listing Snapshot
Price 
$5,150,000
Days On Site 
246 Days
Bedrooms 
22
Inside Area (SqFt) 
10,138 sqft
Total Baths 
19
Full Baths 
19
Partial Baths 
N/A
Lot Size 
0.3842 Acres
Year Built 
1956
MLS® Number 
24378071
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
2 months agoStatus changed to Pending
6 months agoPrice changed to $5,150,000
8 months agoListing first seen on site
General Features
Acres 
0.3842
Attached Garage 
Yes
Carport 
3
Number Of Stories 
3
Parking 
Attached CarportDrivewayAttached
Parking Spaces 
10
Special Circumstances 
Standard
SqFt Total 
10138
Stories 
Multi/Split
Zoning 
LAR2
Interior Features
Appliances 
DishwasherMicrowaveRefrigeratorDryerWasher
Cooling 
Central Air
Flooring 
TileWood
Heating 
Central
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Community Features
MLS Area 
C21 - Silver Lake - Echo Park
Listing courtesy of Archie Robb of Keller Williams Realty La Canada Flintridge
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Based on information from the The MLS as of 2024-12-12 04:40 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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