3004 Del Monte Dr, Los Angeles, CA 90026

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*