1018 Manzanita St 2 Unit Apartment Building $3,622,412 CAD ($1,811,206 CAD/Unit) 5.59% Cap Rate Los Angeles, CA 90029

NOW WITH A $300,000 PRICE ADJUSTMENT. A 100% vacant, turn key, and meticulously renovated trophy triplex in prime Silver Lake by AIH Development. Set on a promontory with sweeping views that survey the city, hillsides and landmarks like the Hollywood Sign and Griffith Observatory. The property consists of a duplex with upper and lower unit, and a separate third unit with private side yard. Newly rebuilt in 2025, each unit offers premium design finishes, appliance packages, in-unit laundry, plus dedicated parking. The front duplex offers a lower and upper unit, each with their own entrance. These floor plans feature 2 bedrooms, 2 bathrooms, laundry, and ample living room, dining area, and kitchen spaces. Facing toward the southwest, with romantic French door Juliette balconies, these units receive exceptional natural lighting all day long and offer stunning sunsets, framed by panoramic views of the city. Luxurious amenities catering to high-income renters, like designer tile and stone bathrooms, oak engineered flooring, kitchens with custom white oak cabinetry, eat-in peninsulas and Fisher Paykel and LG appliances. The back third unit lives as a standalone casita with a perfectly proportioned layout, and a private grassy side yard. From stucco to windows, doors, roof, water lines, sewer, electrical, and HVAC, this property has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. No expense was spared on the exterior and grounds with a significant landscaping program, automatic sprinklers, and photocell pathway and landscape lighting. Fully gated for security and privacy, the bricked pedestrian entrance features Door Bird intercom system and the expanded driveway has an automatic gate for ease. A dedicated common yard space offers a green area for tenants to enjoy and unwind outside of their home. Two private garages and one dedicated parking space each feature their own 240v charging portals. Situated in Silver Lake's Sunset Junction, the location is unmatched with the best amenities in the neighborhood literal steps from your front door - Erewhon, Silver Lake Pool & Inn, Intelligentsia, Bar Seco, Santo, Tartine, Stella, weekly Farmer's Market, Condor, Bacari, and so much more. Rarely do opportunities to own a significantly upgraded and thoughtfully designed multifamily property in an A+ neighborhood become available.