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979 Manzanita

Silver Lake, CA 90029
  • $1,995,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: SR22054777
Price Reduced
UPDATED: 64 min ago
$1,995,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Description

The Manzanita is a 6 total unit property located in prime Silver Lake, California. There are three structures on a total of 7,440 square feet. The current total building square footage is 4,619 and offers one- and two-bedroom apartment homes in a variety of floor plans. Three units are vacant and already gutted for a potential remodel. The buildings are in the process of utilizing the Ellis Act for the other three units, but that has been on hold through the Pandemic. The process can be reversed if a Buyer decides to simply remodel and reposition the property. One structure does require soft-story retrofit. Phenomenal Silver Lake LocationTremendous Views & Potential UpsideMajor Reposition or Redevelopment OpportunityR3-1VL LA City Zoning with Tier 3 TOC (16 unit max density)

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Based on information from CRISNet MLS as of 2022-05-21T20:56:20.227. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-05-21T20:56:20.227. 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.
www.searchhomesincalifornia.com/homes/126864644
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979 Manzanita Silver Lake, CA 90029

  • Price: $1,995,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 64 min ago
  • ID#: SR22054777
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1962
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
The Manzanita is a 6 total unit property located in prime Silver Lake, California. There are three structures on a total of 7,440 square feet. The current total building square footage is 4,619 and offers one- and two-bedroom apartment homes in a variety of floor plans. Three units are vacant and already gutted for a potential remodel. The buildings are in the process of utilizing the Ellis Act for the other three units, but that has been on hold through the Pandemic. The process can be reversed if a Buyer decides to simply remodel and reposition the property. One structure does require soft-story retrofit. Phenomenal Silver Lake LocationTremendous Views & Potential UpsideMajor Reposition or Redevelopment OpportunityR3-1VL LA City Zoning with Tier 3 TOC (16 unit max density)
Exterior Features

Carport Spaces 3.00 Levels Two Lot Features BluffRectangular LotWalkstreet Lot Size Area 7440.0000 Parking Features Assigned Parking Total 4.00 Parking YN Yes Uncovered Spaces 1.00

Interior Features

Common Walls 1 Common Wall Laundry Features None Laundry YN No

Property Features

Additional Parcels YN No Community Features Street LightsUrban Land Lease YN No New Construction YN No Pool Features None Pool Private YN No Property Attached YN Yes Property Sub Type Apartment Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Water Source Public

Listing provided courtesy of Warren Berzack, CA DRE# 01329015, of Lee & Associates.


Based on information from CRISNet MLS as of 2022-05-21T20:56:20.227. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-05-21T20:56:20.227. 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.
 
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