1411 Mohawk St, Los Angeles, CA 90026

Investment Highlights

Property Overview

This incredible Silverlake asset presents a unique opportunity for investors, owner-users, or value-add strategists, offering the potential to add 2-6 ADUs. The property features a charming craftsman front duplex, with an upstairs 3-bedroom, 2-bath unit boasting high-end renovations, and a downstairs 3-bedroom, 2-bath unit available for immediate owner occupancy. The rear four units are all 2-bedroom, 1-bath, built in 1985, providing updated systems and construction quality. Four of the six units have recently undergone gut remodels, while the remaining two offer significant rental upside. There is a 45% rental upside on current units, excluding the substantial ADU potential. The property also includes a massive 6-wide parking lot, with oversized 2+ tandem deep spaces, providing ample room to build additional ADUs. An investor could achieve 115% upside by adding 4 ADUs, potentially doubling the property's value with a $650K investment, bringing the total value to over $4,300,000. Located in a highly desirable Silverlake pocket, this asset combines character, modern renovations, and significant value-add potential through ADU development. It is an ideal investment for those looking to capitalize on strong rental growth and property appreciation in a vibrant Los Angeles submarket.