Multifamily
932 Maltman Avenue
932 Maltman Ave, Los Angeles, CA 90026
Listing Price: $7,300,000
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale an 18-unit apartment complex in the heart of the vibrant Silver Lake neighborhood. 932 Maltman Avenue is located south of Sunset Boulevard & west of Silver Lake Boulevard.
Nestled in Silver Lake within walking distance to Sunset Junction, residents are surrounded by eclectic dining, boutique shopping, local coffee shops and lively bars and nightlife.
Situated on a 22,415 square foot parcel, the property stands out for its significant parking advantage: a notable 28 on-site spaces for 18 units in a neighborhood where parking is at a premium. The excess space also allows for added density through the creation of Accessory Dwelling Units (ADUs). The property’s diverse unit mix includes three studios, five one-bedrooms, nine two bedrooms, and one three-bedroom unit.
With its prime location, oversized lot, ADU possibilities and in-place yield, 932 Maltman Avenue offers investors a valuable asset with additional value-add opportunity and appreciation potential.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
This asset is being offered for sale alongside 1029 South Union. The properties can be purchased individually or together.
932 Maltman Avenue
Investment Highlights
- An Investor will have the opportunity to capture 66% rental upside on the remaining non-renovated units through interior renovations
- Located within walking distance to the vibrant restaurants, cafes, bars, theaters, grocery stores, gyms and studios in Silver Lake
- An ADU feasibility study indicates potential for four attached and eight detached ADUs, representing 25% and 45% of existing units—buyer to verify.
- This represents a unique opportunity for investors seeking a strategic entry or expansion in Silver Lake, a market where the average transaction size is 10 units over the last five years
- The government required seismic retrofit work was completed by current ownership, and offers 28 on-site parking spaces for 18 units in a neighborhood where parking is at a premium
Exclusively Listed By
Financing By
Listing Price: $7,300,000
Investment Highlights
- An Investor will have the opportunity to capture 66% rental upside on the remaining non-renovated units through interior renovations
- Located within walking distance to the vibrant restaurants, cafes, bars, theaters, grocery stores, gyms and studios in Silver Lake
- An ADU feasibility study indicates potential for four attached and eight detached ADUs, representing 25% and 45% of existing units—buyer to verify.
- This represents a unique opportunity for investors seeking a strategic entry or expansion in Silver Lake, a market where the average transaction size is 10 units over the last five years
- The government required seismic retrofit work was completed by current ownership, and offers 28 on-site parking spaces for 18 units in a neighborhood where parking is at a premium
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale an 18-unit apartment complex in the heart of the vibrant Silver Lake neighborhood. 932 Maltman Avenue is located south of Sunset Boulevard & west of Silver Lake Boulevard. Nestled in Silver Lake within walking distance to Sunset Junction, residents are surrounded by eclectic dining, boutique shopping, local coffee shops and lively bars and nightlife. Situated on a 22,415 square foot parcel, the property stands out for its significant parking advantage: a notable 28 on-site spaces for 18 units in a neighborhood where parking is at a premium. The excess space also allows for added density through the creation of Accessory Dwelling Units (ADUs). The property’s diverse unit mix includes three studios, five one-bedrooms, nine two bedrooms, and one three-bedroom unit. With its prime location, oversized lot, ADU possibilities and in-place yield, 932 Maltman Avenue offers investors a valuable asset with additional value-add opportunity and appreciation potential. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. This asset is being offered for sale alongside 1029 South Union. The properties can be purchased individually or together.
Exclusively Listed By
Financing By
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