Silver Lake - Echo Park (C21) Homes with Apartment Subtype

Silver Lake - Echo Park (C21) Homes with Apartment Subtype

Welcome to the vibrant and eclectic neighborhood of Silver Lake - Echo Park, nestled in the heart of Los Angeles County, California. This dynamic area is renowned for its artistic flair, rich cultural diversity, and a unique blend of urban living and natural beauty. With its stunning views of the Hollywood Hills and the glimmering skyline of downtown Los Angeles, Silver Lake - Echo Park is a haven for those seeking a lively yet laid-back lifestyle.

Silver Lake is famous for its picturesque reservoir, which serves as a community hub for outdoor enthusiasts and dog lovers alike. The surrounding streets are lined with trendy cafes, artisanal shops, and lively music venues, making it a hotspot for creativity and innovation. Echo Park, known for its iconic lake and boathouse, offers a peaceful escape from the hustle and bustle of city life, while still being just a stone's throw away from the vibrant energy of downtown Los Angeles.

If you’re considering a home in this charming area, you’ll find a variety of properties, including those with an apartment subtype. These homes are perfect for multi-generational living or as an investment opportunity, providing flexibility and potential rental income. Many of these residences boast modern amenities, spacious layouts, and outdoor spaces that enhance the California lifestyle.

Whether you’re drawn to the artistic community, the lush parks, or the diverse dining options, Silver Lake - Echo Park is a neighborhood that truly embodies the essence of Los Angeles living. Discover your dream home in this captivating area today!

Newest Silver Lake - Echo Park (C21) Homes with Apartment Subtype

$1,275,000
SB26158917 MLS ⋅ Active Status
2531 Elsinore St is a rare opportunity to acquire a charming multifamily property in the heart of Silver Lake, one of Los Angeles’ most desirable rental submarkets. The property features five well-designed 1-bedroom, 1-bath residences, including four units of approximately 600 square feet and one detached cottage. The units are thoughtfully distributed across three separate buildings - two duplexes and a detached cottage - creating a unique, low-density layout that offers residents enhanced privacy and a neighborhood feel. Each unit includes washer and dryer hookups, an amenity that enhances tenant convenience and long-term rental appeal. Blending classic architectural character with functional living spaces, the property is ideally positioned to attract quality tenants seeking the vibrant Silver Lake lifestyle. Located just minutes from Sunset Junction, Silver Lake Reservoir, Echo Park, and an array of popular restaurants, cafés, and boutiques, the asset benefits from exceptional rental demand, a premier location, and strong long-term investment potential.

2531 2535 Elsinore Street, Los Angeles
$995,000
SR26158028 MLS ⋅ Active Status
FAMILY TRUST AUCTION!!! RARE OPPORTUNITY TO PURCHASE AN 8 UNIT APARTMENT BUILDING WITH PARKING IN THE HIGHLY SOUGHT AFTER ECHO PARK AREA OF LOS ANGELES WITH LARGE BONUS ROOM UNDER THE BUILDING. TREMENDOUS UPSIDE RENTAL POTENTIAL AND CENTRALLY LOCATED TO TRENDY SUNSET BLVD, RESTAURANTS AND ICONIC DODGER STADIUM. NO COURT CONFIRMATION.

1331 Sutherland, Los Angeles
$1,725,000
SR26141627 MLS ⋅ Active Status
*6.25% CAP RATE! Discover an exceptional investment & development opportunity in the heart of Silver Lake with this rare SIX-UNIT income property ideally positioned just moments from the Silver Lake Reservoir, meadow trails, dog park, and some of Los Angeles' most sought-after dining, shopping, and entertainment destinations. Located on a lush, oversized lot surrounded by mature avocado, fig, and lime trees, this property offers a unique blend of strong in-place cash flow, long-term appreciation potential, and future development upside in one of LA's most desirable rental markets. The property currently generates approximately $12,929 per month ($155,148 annually) in gross rental income and features six separately metered units, simplifying management and maximizing operational efficiency. Recent improvements include dual-pane energy-efficient windows throughout, while seven on-site parking spaces—five covered carports and two additional uncovered spaces—provide a highly desirable amenity rarely found in such a prime urban location. The upper rear unit enjoys pocket views of the Silver Lake Reservoir area and the iconic Griffith Observatory, further enhancing tenant appeal. ZONED R3, this property presents a compelling opportunity for investors seeking both immediate income and future value creation. Preliminary development potential may allow for the addition of up to six more units, creating the possibility of expanding the property to a 12-unit asset (buyer to independently verify all development potential with applicable governmental agencies). Whether held as a long-term income-producing investment, repositioned for increased rents, or explored as a future development project, the possibilities are significant. The location is truly outstanding. Enjoy convenient access to Downtown Los Angeles, Dodger Stadium, Griffith Park, and the very best of Silver Lake's renowned lifestyle amenities, including Whole Foods, Gelson's, Trader Joe's, Silverlake Wine, and the legendary Red Lion Tavern. Opportunities to acquire a cash-flowing six-unit property with meaningful development potential in Silver Lake are increasingly rare. This is a chance to secure a premier asset in one of Southern California's most dynamic and supply-constrained neighborhoods. Schedule your private showing today and explore the possibilities this unique property has to offer.

2313 Glendale Boulevard, Los Angeles
$1,399,000
OC26138170 MLS ⋅ Active Status
Exceptional income-producing multifamily gem in the heart of Los Angeles! Investors and developers will appreciate 426 N Virgil Ave, a 5-unit investment opportunity ideally situated just minutes from Silver Lake, Echo Park, Sunset, Hollywood, and Downtown. Already generating strong, consistent cash flow, this property is offered at an attractive 6.8% cap rate and still presents significant untapped rental potential with approximately 65% NOI upside. Its desirable LAR3 zoning also provides redevelopment possibilities for up to 9 units. Spanning 3,427 sq ft on a generous 7,013 sq ft lot, it features a dynamic unit mix (1 x 3BD/2BA, 1 x 2BD/1.5BA, 3 x 1BD/1BA) across four well-maintained buildings, all individually metered for streamlined management and utility efficiency. Includes 6-car driveway parking plus a garage for parking or storage. Don't miss this rare chance to acquire a high-performing asset in one of Los Angeles' most sought-after rental markets!

426 N Virgil Avenue, Los Angeles
$1,600,000
WS26107503 MLS ⋅ Active Under Contract Status
Exceptional 5-unit investment opportunity in a prime Los Angeles location just minutes from Downtown LA. This versatile property features a spacious front house paired with four additional income-producing units—ideal for both owner-users and investors seeking strong rental potential. The front residence offers approximately 2,500 sq ft of living space, featuring 4 bedrooms, 2.5 bathrooms, plus a den/office—perfect for a home office or multi-generational living. Thoughtfully updated, the home showcases new laminate wood flooring, fresh interior paint, and new window treatments throughout. The expansive layout includes a large formal dining room, an oversized living area, and a beautifully updated kitchen with new quartz countertops, abundant cabinetry, and a charming breakfast area. Additional highlights include central air and heat, in-unit washer and dryer, generous storage space, and a 2-car side-by-side carport. Positioned directly across from Everett Park, the home enjoys stunning views of the Downtown Los Angeles skyline—an increasingly rare feature in this area. The rear portion of the property consists of four well-maintained 2-bedroom, 1-bath units, offering steady rental income and strong tenant appeal. The property’s layout provides a unique opportunity for an owner to live in the front home while offsetting expenses with rental income from the additional units. Located in a highly desirable pocket of Los Angeles with close proximity to Downtown LA, the Arts District, Chinatown, Dodger Stadium, Echo Park, and Union Station, this property offers both convenience and long-term growth potential. A rare chance to own a hybrid residential income property in one of LA’s most dynamic and centrally located neighborhoods.

991 Everett, Los Angeles
$780,000
AR26099592 MLS ⋅ Active Status
Investor’s Dream Opportunity! 4 units investment apartment, each unit with 2 bedrooms, 1 bathroom. Perfect location! Closing to Los Angeles downtown, China town and LA union station. Kitchens, baths and roof are already upgraded. Long term tenants with reliable rent income. The tenants are friendly and cooperate with the owner to maintain the property. There is still room for rent increases. A rare chance to own a reliable rent income property in a prime LA downtown area!

315 Firmin, Los Angeles
$2,650,000
AR26080904 MLS ⋅ Active Status
The Witmer Apartments (280 Witmer St), a 23-unit value-add multifamily opportunity located in the heart of the rapidly evolving Westlake submarket of Los Angeles. Offered at a competitive basis of $115,200 per unit and $221 per square foot, the property features a strong in-place CAP rate of ±7.38% and GRM of 7.96x, providing immediate cash flow with substantial upside potential. The property offers approximately ±35% rental upside, with in-place rents that have historically performed at or above market levels within the Westlake submarket. This presents investors with a compelling opportunity to acquire a well-performing asset with clear pathways to increase revenue through unit renovations and operational improvements. Built in 1927, The Witmer Apartments consist of 23 units totaling ±12,000 square feet on a ±7,710 square foot lot, featuring an efficient unit mix of (22) studios and (1) one-bedroom unit. Units average approximately ±450–500 square feet (buyer to verify) and offer functional layouts that align with strong rental demand in the area. Ownership has completed significant capital improvements, including copper plumbing, a complete electrical panel upgrade, partial roof replacement (pitched portion), updated horizontal drain lines, new gas wall heaters, and a 100-gallon boiler. These upgrades reduce near-term capital expenditure risk, allowing investors to focus on executing a unit renovation strategy and capturing rental upside. Additional value-add opportunities include two vacant basement rooms with potential for storage or laundry income, as well as an underutilized rooftop with direct access and views of Downtown Los Angeles, offering potential for conversion into a tenant amenity space (buyer to verify).

280 Witmer, Los Angeles
$1,129,000
GD26092806 MLS ⋅ Active Status
Charming Story Book Cottage sits in this Great Silver Lake location with Single Family Residential Homes all around the area. Quality properties like this come on the market so rarely as evident by the current Owners acquired this investment property in 1969 and held it in their portfolio ever since. The Property consists of four (4) large one (1) Bedroom one (1) Bath units. The upper units at 1209 and 1211 have some views off the back of the units. The property has off-street parking with one (1) parking spot for each unit and the potential for two (2) more off-street parking spots. The property features mature landscape with a large orange tree anchoring the front of the property producing exceptional oranges. All units are tenant occupied and property will be sold with existing tenants in place. No possibility of vacating any of the units as a condition of sale. Tenants pay Gas & Electric. Owner pays Water & Trash.

1209 Hyperion Avenue, Los Angeles
$1,988,000
WS26081717 MLS ⋅ Active Status
This beautifully renovated 5-unit complex is located in a desirable prime Silver Lake neighborhood, nestled away from a short walk to Sunset Blvd. Residents also enjoy quick access to Koreatown, Silver Lake, Los Feliz, West Hollywood, and Fairfax, placing premier dining, nightlife, shopping, and cultural destinations within minutes. A rare opportunity to acquire a well-maintained and professionally managed property, and is ideal for investors seeking a well-located, income-producing asset and or owner-user looking for long-term growth potential. Operationally, this asset is highly efficient with a strong future upside. All units have separately metered gas and electricity, individual water heaters for each unit, washer and dryer hook-up and a history of well-vetted residents. This complex consists of a single family, 2-story homes that were built in 2009, featuring 4 bedrooms (it has 2 master suites), 3.5 baths, a den/family room and a spacious custom kitchen. In the rear of the single house are the 4 units, consisting of (2) 2-bedroom/1-bath, and (2) 1-bedroom/1-bath. There is a total of 6 parking spaces. All units are currently rented. Two of the four units have extensive improvements.

2516 Elsinore Street, Los Angeles
$1,699,000
DW26057125 MLS ⋅ Active Status
Well-located strategic 6-unit investment opportunity in the heart of Echo Park / Historic Filipinotown. Located along the Temple Street corridor just minutes from Echo Park Lake, Downtown LA, Silver Lake, Dodger Stadium and major employment centers, this property sits in one of Los Angeles’ most vibrant and high-demand rental neighborhoods. The property features six (6) two-bedroom, one-bathroom units across three separate buildings on one lot. The configuration offers flexibility for investors or potential owner-users looking to live in one unit while generating income from the others. Strong tenant demand, a central location, and proximity to some of LA’s most popular dining, cultural, and entertainment destinations make this a compelling long-term investment opportunity. Note: Street parking only Buyer to verify all information including square footage, zoning, permits, and current rent amounts.

1534 W Temple, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.