622 Maltman Avenue, Los Angeles, CA 90026

$1,299,000 Asking Price

2 beds
2 baths
2,161  sqft
Built in 1912

Beautiful Silver Lake craftsman home brimming with character and tons of potential. Situated on a spacious 7,500 sqft R3 lot, this legal duplex comes with a plethora of options for any buyer: perfect as a starter home for an owner user looking to live in the main home and rent out the 2nd unit for extra income, renovate both units and re-lease at full market rents with the ability to convert the existing 2-car garage into an ADU, or build 9 brand new multifamily units or more using state density bonuses. The front house, 2 bd/1 bath ~1,500 sqft, is spacious & charming with loads of character & original features, while the back house is a 1 bd/1 bath ~700 sqft, recently rented out for $2,800/month! Both units feature their own in-unit washer dryer. Lots of private outdoor space for both units full of greenery with stunning views of all of LA. Located in the heart of Silver Lake within walking distance to all the trendy dining, coffee shops, shopping, and entertainment spots on Sunset Blvd. Property is also situated within close proximity to Echo Park, Koreatown, Downtown LA, the 101 Freeway, and so much more. Both units will be delivered vacant at closing! Do not miss this opportunity to purchase a true gem in one of LA's hottest neighborhoods at an affordable entry price. Contact listing agent for more details or to schedule a showing!


Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
Refrigerator,Dryer,Washer
Flooring:
Carpet,Laminate,Wood
A/C:
true, Wall/Window Unit(s)
Heating:
true, Wall Furnace
Fireplace:
None

Exterior

General:
None
Style:
Craftsman
Pool:
None
Parking:
Door-Multi,Garage, Parking spaces: 0

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR3, 5401005007
View:
City Lights,Courtyard, View

Financial

Source:
CRMLS

This listing courtesy of:
Keller Williams Beverly Hills, Daniel Shamooelian

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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