Los Angeles, CA 90026,1651 Golden Gate AVE
Los Angeles, CA 90026,1651 Golden Gate AVE
Los Angeles, CA 90026,1651 Golden Gate AVE
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$1,988,888
Est. payment /mo
11 Beds
9 Baths
6,358 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 6,358 sqft

Price per Sqft $312

MLS Listing ID 25628533

Bedrooms 11

HOA Y/N No

Year Built 1965

Lot Size 7,967 Sqft

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.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport, Driveway Down Slope From Street

Total Parking Spaces 9

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5429023011

Special Listing Condition Standard

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CRMLS – RECore
Listed by Eric Dilanian Remax Commercial and Investment Realty

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Citizens of the World Charter

    Public | KG - 8

  • 9

    Gabriella Charter

    Public | KG - 8

  • 9

    Horace Mann Elementary School

    Public | PK - 5

  • 9

    Solano Avenue Elementary School

    Public | KG - 6

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 8

    Clifford Street Math & Technology Magent

    Public | KG - 6

  • 8

    Allesandro Elementary School

    Public | PK - 5

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 7

    Equitas Academy Charter #2

    Public | 5 - 8

  • 7

    Celerity Octavia Charter

    Public | KG - 8

  • 7

    Dorris Place Elementary

    Public | KG - 6

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 6

    Micheltorena Elementary

    Public | KG - 5

Middle Schools 20
  • 8

    Rise Kohyang Middle School

    Public | 6 - 8

  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 6

    Theodore Roosevelt Middle School

    Public | 6 - 8

  • 6

    Irving STEAM Magnet

    Public | 6 - 8

  • 5

    Puc Santa Rosa Charter Academy

    Public | 6 - 8

  • 4

    Joseph Le Conte Middle School

    Public | 6 - 8

  • 4

    RFK Community Schools - Ambassador School of Global Leadership

    Public | 6 - 12

  • 4

    Los Angeles Academy of Arts & Enterprise Charter

    Public | 6 - 12

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 3

    Studio

    Public | 6 - 8

  • 2

    Monsenor Oscar Romero Charter Middle School

    Public | 6 - 8

  • 1

    Apex Academy

    Public | 7 - 12

  • 1

    Berendo Middle School

    Public | 6 - 8

  • 1

    Young Oak Kim Academy

    Public | 6 - 8

  • 1

    John Liechty Middle School

    Public | 6 - 8

  • 1

    Sal Castro Middle School

    Public | 6 - 8

  • 0

    Richard A. Alonzo Community Day

    Public | 7 - 12

  • 0

    Immaculate Heart High School & Middle School

    Private | 6 - 12

  • 0

    Harold Mcalister High (Opportunity)

    Public | 6 - 12

High Schools 20
  • 9

    Downtown Business High School

    Public | 9 - 12

  • 8

    John Marshall High School

    Public | 9 - 12

  • 8

    Alliance Environmental Science and Technology High School

    Public | 9 - 12

  • 7

    STEM Academy of Hollywood

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 7

    Alliance College-Ready Academy High No. 16

    Public | 9 - 12

  • 7

    Ramon C. Cortines School of Visual and Performing

    Public | 9 - 12

  • 7

    PUC Early College Academy for Leaders & Scholars (ECALS)

    Public | 9 - 12

  • 6

    Usc Hybrid High School

    Public | 9 - 12

  • 5

    Belmont Sh-la Teacher Preparatory Academy

    Public | 9 - 12

  • 5

    Camino Nuevo Charter High School

    Public | 9 - 12

  • 5

    Roybal Learning Center

    Public | 9 - 12

  • 5

    Alliance Tennenbaum Family Technology High School

    Public | 9 - 12

  • 4

    RFK Community Schools - Los Angeles High School of the Arts

    Public | 9 - 12

  • 4

    Miguel Contreras Learning Complex - School of Business & Tourism

    Public | 9 - 12

  • 4

    Los Angeles River High School

    Public | 9 - 12

  • 3

    Belmont High School

    Public | 9 - 12

  • 3

    Miguel Contreras Learning Complex - Academic Leadership Community

    Public | 9 - 12

  • 3

    School of History and Dramatic Arts at Sonia Sotomayor Learning Complex

    Public | 9 - 12

School and business data provided by Attom Data.

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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