2616 Glendale Boulevard, Los Angeles, CA 90039

• 4,180 sqft

Property Description

Rare opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets. Upside potential is renovating the remaining two units into 2 bedrooms from 1 bedroom. There was a previous appraisal valued the property at $3,640,000.

Listing Status:

Active

Date Added:

December 18, 2025

Data Last Updated:

February 8, 2026 at 2:07AM

Listing Office:

Berkshire Hathaway Home Servic : 626-440-5100

Listing Agent:

Robert Chuang : 626-757-0466

MLS ID:

CRP1-25226

Interior

• Appliances: Gas Water HeaterTankless Water Heater
• Laundry: Inside
• Flooring: Vinyl
• A/C: OtherENERGY STAR Qualified Equipment
• Heating: Floor FurnaceOther
• Eco/Green Feature: AppliancesWater Heater

Exterior

• Parking: TandemOtherOn Street

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 5438017010
• View: None

Financial

• Source: CRMLS