$1,988,888

1651 Golden Gate Avenue, Los Angeles, CA 90026

  • 11 beds |
  • 9 baths |
  • 6,358 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon7,967sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $313/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS - DRIVE BY ONLY. We are pleased to present for sale this rare 9 Unit Mid-Century investment opportunity located in one of Los Angeles' most sought-after and vibrant neighborhoods Silver Lake. Delivered 67% vacant, with SIX out of NINE units available, this is an exceptional opportunity for an investor to renovate, reposition, and reimagine the property as a rare, striking Mid-Century Modern asset. Built in 1965, the property features an attractive unit mix consisting of (7) 1 Bedroom & 1 Bathroom Units, and (2) 2 Bedroom & 1 Bathroom Units. The building totals approximately 6,358 square feet and sits on a 7,966 square foot lot. It is well parked, providing 9 on-site parking spaces (per the CofO Buyer to Verify). Zoned R2-1VL, the property is poised for an astute investor to pursue a full renovation of the interior and exterior of the vacant units and add Accessory Dwelling Units(Buyer to Verify Feasibility). Note: Soft Story Retrofit work has NOT been completed. Strategically positioned in the vibrant core of Silver Lake with a walk score of 93 ("Walker's Paradise"), tenants will enjoy close proximity to premier retail corridors on Sunset Blvd, as well as convenient access to Hollywood & Los Feliz. Disclosure: Buyer to conduct their own due diligence, including but not limited to verification of building square footage, lot size, legal bedroom and bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story compliance status, REAP Status, and the ability to construct ADUs or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Montebello, San Gabriel, and Alhambra. Properties can be sold together as a portfolio or individually.

Listing Status:
Active
Date Added:
December 15, 2025 at 06:00AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Eric Dilanian : 213-233-4379
MLS ID:
25628533
  • Laundry: Common Area
  • Parking: CarportDriveway Down Slope From StreetParking spaces: 9
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR25429023011
  • Source: CRMLS_CL

This listing courtesy of Eric Dilanian, Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Micheltorena Elementary

1511 Micheltorena St, Los Angeles, CA, 90026

Grades KG-5

0.17 miles away

T

Thomas Starr King Middle School

4201 Fountain Ave, Los Angeles, CA, 90029

Grades 6-8

0.46 miles away

J

John Marshall High School

3939 Tracy St, Los Angeles, CA, 90027

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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