2612 Locksley Place, Los Angeles, CA 90039
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
2612 Locksley Place,Los Angeles, CA 90039
$2,998,000
- 13 Beds
- 9 Baths
- 8,423 sq. ft.
- Multi-family
- Active
Listed by: dan mancinelli
Office: berkshire hathaway homeservices california properties626-440-5100
MLS#:26998421
Source:CRMLS
Price summary
- Price:$2,998,000
- Price per sq. ft.:$355.93
About this home
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 and 9A 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....
Contact an agent
Home facts
- Year built:1938
- Listing ID #:26998421
- Added:11 day(s) ago
- Updated:October 23, 2026 at 11:44 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:9
- Flooring:Wood
- Living area:8,423 sq. ft.
Heating and cooling
- Cooling:Heat pump
- Heating:Heat Pump
Structure and exterior
- Roof:Composition, Shingle
- Year built:1938
- Building area:8,423 sq. ft.
- Lot area:0.35 Acres
- Architectural Style:Traditional
- Construction Materials:Stucco, Wood Siding
- Levels:2 Story
Utilities
- Sewer:Sewer Tap Paid
Finances and disclosures
- Price:$2,998,000
- Price per sq. ft.:$355.93
Parking
- Total parking spaces:8
- Garage:Yes
- Garage spaces:8
New listings near 2612 Locksley Place
- Coming Soon
$3,480,000Coming Soon6 beds 7 baths3,570 sq. ft.6064 W 76th Street, Los Angeles, CA 90045
MLS# CV26223977Listed by: MICHELLE LOWE REAL ESTATE - Coming Soon
$625,000Coming Soon2 beds 1 baths1,059 sq. ft.231 W 46th, Los Angeles, CA 90037
MLS# SR26229158Listed by: EQUITY UNION - Coming Soon
$289,999Coming Soon2 beds 2 baths861 sq. ft.5414 Newcastle, Encino, CA 91316
MLS# SR26228403Listed by: PINNACLE ESTATE PROPERTIES - Coming Soon
$749,999Coming Soon3 beds 1 baths1,210 sq. ft.1542 W 52nd, Los Angeles, CA 90062
MLS# CV26227761Listed by: ROA CALIFORNIA INC - Coming SoonOpen Sat, 10:30am to 1:30pm
$1,325,000Coming Soon3 beds 2 baths1,020 sq. ft.6456 W 87th St, Los Angeles, CA 90045
MLS# DW26178045Listed by: FIRST TEAM REAL ESTATE - Coming Soon
$750,000Coming Soon3 beds 2 baths1,470 sq. ft.1453 W 56th Street, Los Angeles, CA 90062
MLS# SR26215107Listed by: REAL BROKER - Coming Soon
$310,000Coming Soon1 beds 1 baths605 sq. ft.18645 Hatteras Street #295, Tarzana, CA 91356
MLS# 226005004Listed by: GE REALTY - Coming Soon
$1,199,999Coming Soon3 beds 2 baths1,601 sq. ft.5861 Troost Avenue, North Hollywood, CA 91601
MLS# 26103944Listed by: EQUITY UNION - Coming Soon
$1,099,000Coming Soon4 beds 3 baths1,600 sq. ft.6711 Dannyboyar, West Hills, CA 91307
MLS# SR26227771Listed by: WGRES INC. - Coming Soon
$917,000Coming Soon4 beds 2 baths1,745 sq. ft.3843 S Hobart Boulevard, Los Angeles, CA 90062
MLS# 26103489Listed by: COMPASS