3811 Tracy St, Los Angeles, CA 90027

This is one of the truly great multi-family properties in the Silver Lake/Los Feliz area. The positives are numerous: a) tons of charm and character with original hardwood floors b) property mostly in very good condition, c) great location-great views of the nearby hills and Griffith Pk, quiet spot surrounded by classic Los Feliz single family and mutli-family homes. Walking distance to all shops and restaurants on Hyperion d) each unit has a good-sized deck dedicated to it with great views, e) two car garage, f) the two large 3 bed units have dining rooms in addition to breakfast nook and good-sized living rooms, g) lots of upside with tenants who are paying not that much below market rent, i.e. good opportunity for re-positioning on rental income. h) foundation was retrofitted in 2008. Note - the property has been operating as a three unit for about 50 years and public records show it as a three unit, but the city only shows permits for two units. Buyer to do own due diligence.