Listing provided courtesy of Bruce Jay of Bruce Jay Associates. Last updated 2025-01-31 09:11:26.000000. Listing information © 2024 CRMLS.
Asking Price: $1,450,000
802 Dillon, Los Angeles CA 90026
Community: C21 - Silver Lake - Echo Park
Status: Active
This property was built in 1923 and is priced at $1,450,000. Please see the additional details below.
WOW!!! POSSIBLE $500k DOWN WITH BUILT-IN FINANCING, NO LOAN FEES, IMMEDIATE CASH-FLOW!! EXCEPTIONAL SILVER LAKE Corner Property! VACANT 2 Bedroom + Basement Owner's Unit that already has improvements, ongoing! Make it yours - Colors and More! OR, Rent this Vacancy AT Top Dollar Market Rates! Hidden away Silver Lake Corner Property with a Woodsy Curb Appeal. Assumable First Trust Deed: $820,000 5% FIXED Interest, with NO pre-pay fees, and NO Loan Fees for the Assumption, payable $3,417/month! Wonderful LUSH LANDSCAPE with Each Unit Private from the other units! Classic Character throughout! (circa 1923) Pre-Depression Construction (built better those days!). THREE Units Include the following: UNIT ONE: VACANT 2 Bed--1 Bath Owner's Unit (includes a Private Lower Level Basement - Estimated Rental Value: $4,000/month)....Plus UNIT TWO: 2 Bed--1 Bath Unit (Rented for $1,883/month)....Plus UNIT THREE: 1 Bed--1 Bath Unit ALL UPDATED with pictures online (Estimated Rental Value: $2,750/month). Great Silver Lake Location! A lovely Woodsy Setting...Storage Structure included in back with Laundry Area! Every Unit has a Private Entrance. Exterior Newly Painted, and so much more! Emotional and Exciting Offering, must see to appreciate! INCOME DETAILS BELOW are based upon projected rent & expenses are based upon Property Taxes & Utilities. Don't miss this one!