2612 Locksley Pl, Los Angeles, CA

Name: 2612 Locksley Pl, For Sale in Los Angeles - eXp Realty
Brand: Berkshire Hathaway HomeServices California Properties
SKU: 26998421
Price: 2998000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,998,000

1398

MLS® 26998421

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 8423 sqft

Garage Yes

Taxes

Days Active 1

Lot Size 0.3481 Acres

Approx. Age 1938

Avg. Price Per Sqft $355

MLS® Number 26998421

Property Address: 2612 Locksley Pl, Los Angeles, CA, 90039-2730

Average square foot calculated using Size range provided by listing agent.

Description

2612-2618 1/2 Locksley Place is a beautifully maintained Traditional style apartment property in the heart of prime Silver Lake. The rare offering is comprised of two separate legal parcels and combines a stable existing income stream with two units delivered vacant at the close of escrow. 7 of the units are occupied, 6 are on month-to-month tenancies. In-place income is $225, 135 annually; add the projected income from the 2 vacant units and annual income is estimated at $283, 935. The two vacant units carry no rent-stabilized ceiling on initial rent, allowing the buyer to establish market rents at the outset and reset the property's income basis without waiting for turnover. Eight single garages serve the property, and most units are equipped with an owner-supplied stove and refrigerator. Every unit has its own ductless mini-split system and water heater. Many units enjoy hillside views and 2 units have bedroom balconies. The exterior has been freshly painted and is beautifully landscaped. Interiors retain their 1938 character featuring hardwood floors, period moldings and accents, and vintage tiled kitchens and bathrooms. The offering includes two 4 unit buildings plus an additional nonconforming unit that has been rented continuously for many years and is now vacant. The tax records, Department of City Planning Property Profile Report, RSO Statement Of Registration reflect this unit. The original Certificate of Occupancy for the buildings reflects a total of 8 units. Offered for the first time in 46 years, this is a rare opportunity to acquire a character property in a prime Silver Lake location with immediate upside from the two vacant units and additional future potential. Two separate legal parcels, give a buyer the flexibility to investigate possible ADU development and/or the potential to sell the parcels separately. Buyer to independently investigate and verify all development, ADU, subdivision and resale possibilities. 5438-016-005 and 5438-016-006 included in the sale.

MLS® Number26998421

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1938

Basement

Driveway

Garage Spaces

HeatHeat Pump

A/CHeat Pump

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 11, 2026List Date

$2,998,000List Price

Commute

Commute

Starting Address

Destination Address

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