2415 Griffith Park Blvd

14
Baths
6,479 Sq. Ft.
$374 / Sq. Ft.
6,479
Sq. Ft.
$374
per Sq. Ft.

Description

Presenting an exceptional investment opportunity: A rare 12-unit + 1 Guest Room & 1 Non-Conforming multi-family property located in the highly sought-after neighborhood of Silver Lake, adjacent to LosFeliz. The property is being offered for sale by the original developer's family and is delivered with 8 VACANT UNITS, presenting a significant opportunity for value-added investment. Spanning across 17,435 SF of Land, the property stretches from Griffith Park Blvd to Hyperion Ave, making it a one-of-a-kind...Presenting an exceptional investment opportunity: A rare 12-unit + 1 Guest Room & 1 Non-Conforming multi-family property located in the highly sought-after neighborhood of Silver Lake, adjacent to LosFeliz. The property is being offered for sale by the original developer's family and is delivered with 8 VACANT UNITS, presenting a significant opportunity for value-added investment. Spanning across 17,435 SF of Land, the property stretches from Griffith Park Blvd to Hyperion Ave, making it a one-of-a-kind opportunity for an investor seeking to renovate the vacant units, add accessory dwelling units (ADUs), or explore future development potential (Buyer to verify development feasibility). The offering consists of 3 separate buildings, constructed in 1948, 1953, 1962, and 1966, with a majority of single-story units. The unit mix includes 11 one-bedroom/one-bath units and 3 studio units. According to publicly available Certificate of Occupancy records, the total square footage is approximately 6,479 SF. The property is zoned both (Q) C2-1-VL on the Hyperion side and RD2-1-VL on the Griffith Park side. Strategically located in the heart of Silver Lake, this property boasts a Walk Score of 88 ("Very Walkable"), where most errands can be completed on foot. It's just 1 mile from the iconic Sunset Junction, home to popular destinations like Intelligentsia, La Colombe Coffee, San To, Wasteland, Silver Lake Farmers Market, Tartine, Sweetgreen, Indigo, Bacari, Maison Kitsune Paris, Caf Stella, and Kombu Sushi. Additionally, it's just blocks from Trader Joe's and Gelson's in Silver Lake, and mere minutes from the bustling retail corridor of Hillhurst Ave in Los Feliz, offering an abundance of dining, shopping, and entertainment options. Disclosure: Buyers are advised to conduct thorough due diligence, including verification of LEGAL building square footage, LEGAL unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, soft-story compliance, and the feasibility of constructingADUs, additional units, or development feasibly. Do not disturb tenants or walk on property - drive by only

Property Details for 2415 Griffith Park Boulevard

Zoning
LAC2
Parcel Number
5432003003
Total Units
14.0
Living Area
6479
Source Living Area
Other
Area
Silver Lake (671)
Vacancy Rate
8
Lot Size Area
17435
LISTING UPDATED: 04/02/2025 01:50 PM

Property Details for 2415 Griffith Park Boulevard

StatusSold
MLS #25-482463
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.40 AC / 17,435 SF
CountyLos Angeles County

Location

Listing Courtesy of Remax Commercial and Investment Realty, Eric Dilanian, DRE #01951699

Sold By Remax Commercial and Investment Realty, Eric Dilanian, DRE #01951699

Add your commute

Building Information for 2415 Griffith Park Boulevard

Stories-Residences-Year Built1948Building Size-Lot Size0.40 AC / 17,435 SF

Payment Calculator

$14,401 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,819

Property Taxes

$2,582

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2415 Griffith Park Boulevard

Community / Development
Community / Development
  • Number Of Units: 14
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $227,283
  • Net Operating Income: $148,158.00
  • Gross Income: $234,312
  • Gross Scheduled Income: $234,312
  • Cap Rate: 5.93%
  • Gross Rent Multiplier: $10.67
  • Total Annual Expense: 79124
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.4004
  • Lot Size Square Feet: 17435
Parking Details
Parking Details
  • Parking Garage: Carport, Driveway, On street, Parking Space
  • Total Parking: 13
  • Parking Features: Carport, Driveway, Street, Parking Space
Interior Features
Interior Features
  • Levels: Multi/Split, Two
  • Cooling: Other/Remarks
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: None
  • Laundry: Community
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 01-14-2025
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,748.00
  • Unit Actual Rent: $19,229.00
  • Unit Projected Rent: $26,400.00
  • Like Units: 11
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $297.00
  • Unit Actual Rent: $297.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $750,540.00
  • Assessed Improvement Percent: 31.04
  • Assessed Land Value: $1,667,272.00
  • Assessed Land Percent: 68.96
  • Assessed Total Value: $2,417,812.00

Property History for 2415 Griffith Park Boulevard

DateEvent & SourcePriceAppreciation
Mar 28, 2025

Sold

SDMLS #25-482463

$2,425,000
Mar 28, 2025

Sold

CRMLS #25482463

$2,425,000
Mar 28, 2025

Sold

CLAW #25-482463

$2,425,000
Feb 6, 2025

Pending

CRMLS #25482463

Feb 6, 2025

Accepting Backup Offers

CRMLS #25482463

Feb 6, 2025

Pending

CLAW #25-482463

Feb 6, 2025

Pending

SDMLS #25-482463

Feb 6, 2025

Accepting Backup Offers

CLAW #25-482463

Jan 14, 2025

Listed (Active)

SDMLS #25-482463

$2,500,000
Jan 14, 2025

Listed (Active)

CLAW #25-482463

$2,500,000
Jan 14, 2025

Listed (Active)

CRMLS #25482463

$2,500,000
DateEvent & SourcePrice
03/28/2025

Sold

SDMLS #25-482463

$2,425,000
03/28/2025

Sold

CRMLS #25482463

$2,425,000
03/28/2025

Sold

CLAW #25-482463

$2,425,000
02/06/2025

Pending

CRMLS #25482463

02/06/2025

Accepting Backup Offers

CRMLS #25482463

02/06/2025

Pending

CLAW #25-482463

02/06/2025

Pending

SDMLS #25-482463

02/06/2025

Accepting Backup Offers

CLAW #25-482463

01/14/2025

Listed (Active)

SDMLS #25-482463

$2,500,000
01/14/2025

Listed (Active)

CLAW #25-482463

$2,500,000
01/14/2025

Listed (Active)

CRMLS #25482463

$2,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2415 Griffith Park Boulevard

Taxable ValueLand$1,700,617Additions$765,550Total$2,466,167
Tax Record2025$30,981 ($2,582 / month)
Home Facts
Total Finished SqFt4,702 SqFtAbove Grade Finished SqFt4,702 SqFtLot Size17,436 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningLAC2CountyLOS ANGELESAPN5432-003-003

Schools near 2415 Griffith Park Boulevard

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
Ivanhoe 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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Listing Courtesy of Remax Commercial and Investment Realty, Eric Dilanian, DRE #01951699

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the 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. For the avoidance of doubt, 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.