Renovated Two-Bedroom Rental
1707 W Silver Lake Drive, Los Angeles, CA 90026
For Sale
Contact for pricing
Los Angeles, CA
Property Size800 SF
Lot Size0.11 Acres
Price / SF$5.25
Days on Market9
Property Features for 1707 W Silver Lake Drive
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Pets allowed
Lot features
View
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Cooling system
Water source
Amenities
laundry in unit
new split system ac/heat
nicely landscaped front yard and backyard
new appliances
backdoor to second patio
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Pacific Estate · Keller Williams Realty
(562) 513-7800
Listed By:
Andrew Munoz · License CA #01989243
(213) 842-3363
Added: Nov 6
Changed: Nov 13
Last Checked: Nov 14 at 12:06PM
MLS# PW26239075
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This residential income property offers an 800-square-foot, two-bedroom, one-bathroom layout. Renovations extend throughout the home, with a kitchen featuring new appliances, extensive cabinet storage, and a rear door opening to a second patio. Laundry is located inside the unit, and a split-system unit provides heating and cooling. The property was built in 1925 and occupies a 0.1137-acre lot.
Landscaped areas are present at both the front and rear of the residence. Public water and sewer serve the property, which is zoned LAR1.
Landscaped areas are present at both the front and rear of the residence. Public water and sewer serve the property, which is zoned LAR1.
Key Highlights
- Two bedrooms and one full bathroom in 800 square feet
- Renovated residence with new kitchen appliances and extensive cabinet storage
- In‑unit laundry and split‑system heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,873
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,460
$257.5K
Cap Rate 7%
$183,900
$183.9K
Cap Rate 9%
$143,033
$143.0K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$25.4K $31.80/SF
− Vacancy
−$2.0K −$2.54/SF
EGI
$23.4K $29.26/SF
− OpEx
−$10.5K −$13.17/SF
NOI
$12.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,460
Cap Rate 7%
$183,900
Cap Rate 9%
$143,033
Alternative Uses
Best Use
Apartment 5plus
$183.9K
$160.9K – $214.6K
NOI $12,873 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.0K
$292.3K – $389.7K
NOI $23,381 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,237
Businesses Nearby
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Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes in-unit laundry, split-system heating and cooling, and landscaped outdoor areas.
Where is this residential income property located?
The property is located at 1707 W Silver Lake Drive Los Angeles, CA.
What are key features of this property?
This property features: Two bedrooms and one full bathroom in 800 square feet; Renovated residence with new kitchen appliances and extensive cabinet storage; In‑unit laundry and split‑system heating and cooling
