3004 Del Monte Drive

Los Angeles, CA 90026

$1,138,000

Sold Price
2

bed Beds

2

shower Baths

1,602 sqft

straighten / sqft

1923

calendar_month Built

Property Description

PRICE IMPROVEMENT from $1,300,000 to $1,200,000 on 7/30/24! Nestled in the vibrant heart of Silver Lake, 3004 Del Monte Drive offers a unique opportunity for both savvy investors and young families. This charming duplex features an owner-occupied unit with 2 bedrooms, 1 bathroom, a cozy back patio and garden perfect for entertaining, while the tenant-occupied unit includes 1 bedroom, 1 bathroom and a quaint courtyard for soaking up the California sun. Both units benefit from 2 detached garages (Could be converted to ADU(s)), providing ample storage or parking space. Directly across the street is the iconic Laurel and Hardy park. Silver Lake is renowned for its hip, artistic vibe, eclectic dining options, unique boutiques, and proximity to the iconic Silver Lake Reservoir and Sunset Boulevard. Whether you're looking to live in one unit and rent out the other, or add this gem to your investment portfolio, this property offers steady rental income potential and future appreciation in one of Los Angeles' most sought-after neighborhoods. Experience urban living with a touch of tranquility at 3004 Del Monte Drive your gateway to the quintessential Silver Lake lifestyle. Proforma CAP rate of 5.4%. *PLEASE DO NOT DISTURB OCCUPANTS*

Listing Information

Close Price $1,138,000
Close Date Wednesday, August 28th, 2024
Status Closed
MLS 24399313
Type Residential Income
Year Built 1923
Lot Size 3,547
Structure Size 1,602
DOM 63
Courtesy Of Oasis Realty Group
Listing Agent Janine Jabro DRE#02185723
Co-Listing Agent Eric Mandell DRE#01904203

Interior Features

Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 2
Flooring Information
Material Wood
Additional Information
Additional Features Ceiling Fan(s)

Exterior Information

Maps

Listing information courtesy of: Janine Jabro, Eric Mandell, Oasis Realty Group . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 29th, 2024 at 5:40 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.