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$1,372,000
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Property Description
Prime Silver Lake value-add opportunity at 1421 Silver Lake Blvd. This rare offering includes a four-unit fixer-upper plus the adjoining vacant lot next door, presenting exceptional upside for investors, developers, and buyers seeking long-term potential in one of Los Angeles' most in-demand rental markets. The property consists of four vacant units (three 1-bedroom units and one 2-bedroom unit) and includes three garages.
Located just minutes from Sunset Blvd and a short walk to the Silver Lake Reservoir, the property offers excellent access to popular dining, shopping, and everyday conveniences. The adjoining lot is located in a Transit Oriented Communities (TOC) area, creating a compelling future development angle-TOC incentives may allow additional development flexibility, including potential benefits related to density and parking (buyer to verify).
All units will be delivered vacant, offering immediate repositioning potential and the ability to establish new leases at market terms. The unit mix also offers flexibility for a buyer who plans to occupy one unit while leasing the remaining units for additional income. A rare chance to renovate, stabilize, and unlock value in a premier Silver Lake location.
Full Property Details
Full Property Details for 1421 Silver Lake Blvd
General
- Sold For: $1,372,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26020066
- Added to Site: 90 day(s) ago
Interior
- Fireplace(s): None
- Flooring: Vinyl, Wood
Rooms
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
- Parking Features: On-Site
- Parking: On-Site
Location
- Area: C21 - Silver Lake - Echo Park
- County: Los Angeles
- Development Name: C21 - Silver Lake - Echo Park
- Driving Directions: From Sunset and Silverlake Blvd, go north on Silverlake Blvd. Property is on your left.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Roof: Shingle
- Entry Location: 2
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 2,802
- Year Built: 1954
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.1055
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre, Slopes Up from Street
Financial Considerations
- Price Per Sq. Ft.: $489.65
- Price Per Unit: 349998
Listed by eXp Realty of Greater Los Angeles, Felipe Crook
Sold by JYK Commercial Realty, Inc., John Kim
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Schools
Schools serving 1421 Silver Lake Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Micheltorena Street Elementary School 1511 Micheltorena Street, Los Angeles, CA 90026 | K-5 | 0.4 mi |
Thomas Starr King Middle School 4201 Fountain Avenue, Los Angeles, CA 90029 | 6-8 | 0.9 mi |
John Marshall Senior High School 3939 Tracy Street, Los Angeles, CA 90027 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1421 Silver Lake Blvd
Date
Details
Price
Change
Source
3/11/2026
Sold
$1,372,000
-2%
MLS
1/28/2026
Listed
$1,399,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1421 Silver Lake Boulevard, Los Angeles, CA 90026 (MLS# PW26020066) is a Multi-Family property that was sold at $1,372,000 on March 11, 2026. Want to learn more about 1421 Silver Lake Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.

