SOLD UPDATE: Duplex on Riverside Dr in Silver Lake just closed for $880,000! The Seller was represented by Charlie J Coronado and the property was delivered with one vacant unit.
2426 RIVERSIDE DR | SILVER LAKE | 90039 | STYLISH DUPLEX DELIVERED 50% VACANT
The Coronado Real Estate Group is pleased to present for sale a stylish duplex on the hillsides of Silver Lake. The lush property is an enchanting retreat from the LA hustle and bustle, and ideal for both owner/users and investors!
The property is a charming one up/one down duplex in Silver Lake with an eclectic vibe and lush landscaping. There are two, 2BR + 1BA apartments with private laundry and patio space for each unit, a large wooden deck in the backyard, and a garage that will be accessible to lower unit only. The 2BR lower unit is spacious with an open plan layout and tons of light! The kitchen layout makes entertaining a breeze and the bedrooms are a similar size, both with large closets. The lower unit is to be delivered vacant while the top unit is rented for $2,150/month – ideal for Owner/Users and Investors!
The Silver Lake Duplex is situated in a prime location near many shops, restaurants, amenities, and entertainment. Silver Lake is known for health, wellness, eclecticism, and a generally Om lifestyle enjoyed by residents. Even Moby has a vegan restaurant here named Little Pine! The areas retailers have taken note of this and the property is easily accessible to Whole Foods, Coco’s Variety Bike Shop, and Salvare Goods – a shop with a curated selection of new and vintage architectural salvage materials. But no judgment here! Whatever your tastes, there is something for everyone to enjoy, including grilled Mexican fare on the patio at Salazar or endless craft tastings at Frogtown brewery. The Silver Lake Reservoir is also only a short distance as well and it provides bike trails, a dog park and the Silver Lake Meadow Park – the perfect spot for morning yoga.
The property is near the 42 acre G2 parcel, the cornerstone site of the LA River Revitalization Project that was approved in 2016. The project proposes multi-million dollar restoration to a section near the property that would expand the river to restore freshwater marsh habitat, create a lush river-side park with bike paths, pedestrian communal areas, and new shops and restaurants. As it progresses, the project has the potential to greatly impact property values in the near future!
“We’ve always considered G2 to be the crown jewel in our vision to revitalize the L.A. River, and that’s why I have been committed to fighting for the resources to finally return this land to the people of Los Angeles and the wildlife that call it home,” said Mayor Garcetti. “We got it done, and now this vast site can transform how Angelenos connect with the natural world — because it will allow for habitat restoration, and open more than a mile of direct access to the river for local communities that have been cut off from it for too long.”
*All information provided to be deemed reliable but not guaranteed. Buyer to complete all investigations into the property and/or any matters that may or may not affect the property independently and to their own satisfaction.