Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a five-unit apartment building located at 1425 Edgecliffe Drive in Los Angeles, CA. The subject property is located just south of Sunset Boulevard in one of the most vibrant pockets of Silver Lake. Nestled in Silver Lake and within walking distance to the Sunset Triangle and Sunset Junction, 1425 Edgecliffe offers tenants a plethora of shops, eateries, bars and coffee shops. Silver Lake remains a hub of cultural vibrancy; the area stands out not only for its desirability but also for the significant rent growth over the past 10 years. Silver Lake has persisted as one of L.A’s most desirable neighborhoods. Situated on a 7,355 square foot parcel, the property comprises of one, one-bedroom unit and four two-bedroom units. New ownership can add an Additional Dwelling Unit (ADU) to maximize income and appreciation potential – Permits are “RTI” Status. The property’s irreplaceable location near Sunset Boulevard coupled with the value-add potential and recent improvements, make 1425 Edgecliffe an excellent acquisition opportunity for investors.