1651 Redcliff Street
1651 Redcliff Street
$5,750,000
22
19
10,138
10,138
$567
Description
Welcome to 1651 Redcliff Street, an amazing 7-unit property (ADU is under construction) nestled in the heart of Silver Lake (90026), a highly sought-after neighborhood in Los Angeles. The property offers a diverse unit mix, comprised of a 1927-built front house with 4 bedrooms and 3.5 baths, a triplex built in 1964 with three 2-bedroom, 2-bath units, and a newly constructed duplex featuring two 6-bedroom, 4.5-bathroom units with rooftop decks and stunning views. All units have been beautifully renovated...Welcome to 1651 Redcliff Street, an amazing 7-unit property (ADU is under construction) nestled in the heart of Silver Lake (90026), a highly sought-after neighborhood in Los Angeles. The property offers a diverse unit mix, comprised of a 1927-built front house with 4 bedrooms and 3.5 baths, a triplex built in 1964 with three 2-bedroom, 2-bath units, and a newly constructed duplex featuring two 6-bedroom, 4.5-bathroom units with rooftop decks and stunning views. All units have been beautifully renovated or are newly constructed, commanding top-of-the-market rents. There are RTI (Ready-To-Issue) plans for a storage room to be converted into a spacious (+/-) 731 square foot Accessory Dwelling Unit (ADU). Featuring sunlit interiors with hardwood floors and carefully crafted architectural details, these units provide a warm and welcoming ambiance. Each unit boasts spacious bedrooms, updated kitchens with stainless steel appliances, stylish bathrooms, central AC, in-unit laundry, and private outdoor spaces in some units. Situated on a 16,736 square foot lot, aside from the newly constructed duplex, all units have undergone gut-level renovations, ensuring a modern living experience while preserving their timeless charm. Additionally, all units are separately metered for gas and electric, with parking available for 10+ vehicles. The property's prime location in Silver Lake offers proximity to cafes, entertainment venues, and lifestyle amenities such as Intelligentsia, Erewhon, Edendale, Forage, Michelangelo Ristorante, Ivanhoe Restaurant, Burgers Never Say Die, Whole Foods, and Trader Joe's. With DTLA, Los Feliz, and Hollywood just a short drive away, residents have access to countless dining and shopping options. Positioned in the thriving Silver Lake-Hollywood submarket, 1651 Redcliff presents an ideal investment opportunity for apartment operators seeking immediate returns and long-term wealth preservation through stable rental income and potential property appreciation. Its outstanding location, robust income metrics, and potential for future rental income growth make it an attractive asset. Buyer's responsibility includes verifying all zoning regulations and building feasibility with the Los Angeles Department of Building and Safety (LADBS) and other relevant city departments. To obtain further details or to arrange a showing, please contact the listing agent.
- Listed by Archie Robb • DRE #02002291 • Brokerage DRE #00686739 • Keller Williams Realty La Canada Flintridge
Property Details for 1651 Redcliff Street
Zoning
LAR2
Parcel Number5425001049
Total Units7.0
Living Area10138
Source Living AreaBuilder
AreaSilver Lake (671)
Vacancy Rate0
Lot Size Area16736
Location
LISTING UPDATED: 05/15/2024 01:32 PM
Property Details for 1651 Redcliff Street
Status | Active |
---|---|
MLS # | 24-378071 |
Days on Market | 43 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1956 |
Lot Size | 0.38 AC / 16,736 SF |
County | Los Angeles County |
Location
Building Information for 1651 Redcliff Street
Stories3Residences-Year Built1956Building Size-Lot Size0.38 AC / 16,736 SF
Payment Calculator
$33,799 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1651 Redcliff Street
Property History for 1651 Redcliff Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1651 Redcliff Street
Taxable ValueLand$1,729,053Additions$613,534Total$2,342,587
Tax Record2023$29,029 ($2,419 / month)
Home Facts
Total Finished SqFt4,758 SqFtAbove Grade Finished SqFt4,758 SqFtStories1Lot Size16,534 SqFtStyleQuadraplexYear Built1956ZoningLAR2CountyLOS ANGELESAPN5425-001-049
Schools near 1651 Redcliff Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Micheltorena Street Elementary School PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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