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2406 Edgewater Terrace, 
Los Angeles, CA 90039

$1,450,000


Bed


Bath


1,886

Sq Ft


Multi-Family

Active

Listed by

Jason Insalaco

Kelton Properties

323-472-3962

Last updated:

August 4, 2025, 01:21 PM

MLS#

GD25159104

Source:

CRMLS

About This Home

2406 Edgewater Terrace

An ultra-rare opportunity to own a Trophy Triplex in the heart of Silver Lake, near the beloved Silver Lake Meadow & Reservoir, and within the Ivanhoe District. This Turnkey, Income-Producing Asset offers a beautiful blend of charm and modern upgrades—perfect for investors or future owner-occupants seeking a premier asset in a coveted location. Each of the three spacious one-bedroom, one-bathroom residences has been thoughtfully renovated, featuring Refinished Original Hardwood Floors, Immaculate Kitchens, and Bathrooms that blend vintage reproduction with contemporary convenience. The Rear Residence is a Standalone Home with a Huge, Shaded Yard—an ultra-desirable feature that drives premium rent and tenant retention, or a perfect house for owner-user. The front unit offers a vast porch with tranquil views. Current Gross Rent: $8,240/month with 15–20% Rental Upside. Over a 5.4 Capitalization Rate in Prime Silver Lake!! Two Garages (1-car and 2-car) + additional parking spaces. There may be potential to add 1–3 ADUs (Buyer to verify). All units are separately metered for gas and electricity. Lovingly maintained and cared for, this Platinum Property offers incredible Cash Flow, Exceptional Appreciation, and an Expansive Value-Add Opportunity. Silver Lake is one of the hottest and fastest appreciating neighborhoods in Los Angeles. There have only been two owners of the property since it was built. Please don't walk onto the property. Showings only with accepted offer. Buyer to cooperate with seller's 1031 exchange.

Home Facts

Multi-Family

Built in 1940

Price Summary

1,450,000

$768 per Sq. Ft.

MLS #:

GD25159104

Last Updated:

August 4, 2025, 01:21 PM

Added:

21 day(s) ago


Rooms & Interior

Interior

Living Area:

1,886 Sq. Ft.


Structure

Structure

Building Area:

1,886 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

7,156


Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$768 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of August 5, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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