Listed by Nick Astrupgaard with KW Commercial Studio City 818-432-1580

The beautiful and historic "Casa Larissa" apartments are located in Silver Lake and feature Ten (10) luxurious apartment homes with an astounding 14,184 SF of improvements. This Silver Lake hills jewel is located on one of the best streets and offers a unique opportunity to acquire one of Silver Lake's crown jewels with strong and stable income along with meaningful long-term rent growth and value appreciation. Ask anyone about Silver Lake, and they'll tell you it has been deemed the "Hippest Neighborhood in America" by Forbes, noted as "the most architecturally significant neighborhood west of the Mississippi" (Gephart's), and includes the long history of the Red Car rail service. The offering, built in 1929, showcases the best of Spanish Monterey Colonial architecture with elegant and inviting details throughout. All ten apartments are generously sized and feature an ideal composition with Two-Bedrooms and One-Bath ideally suited to attract the vibrant and progressive area demographics. Each of the Ten (10) units is enormously large with over +/- 1,200 SF and Two Bedrooms and One Bathroom each. There are numerous vintage details throughout, including original hardwood flooring, large & expansive windows, coved ceilings, decorative fireplaces, multiple large closets, and numerous built-ins. Many units offer panoramic views of Sunset Blvd and the Hollywood Hills. The entire building is an enormous 14,184 square feet on an 11,600 square feet parcel. All units are nearly identical in shape and size, with large hallways connecting the living spaces and bedrooms. Each unit boasts a large living room and a separate and dedicated dining area - All units also have private patios or balconies. Additional amenities include secure entry, a well-appointed foyer and common areas, onsite laundry, and mature landscaping. Select units also offer in-unit washer/dryers. 3421 Larissa Drive is separately metered for gas and electricity. 3421 Larissa Drive is just two blocks from the iconic Sunset Blvd and is within close proximity of many popular coffee shops, dining, and shopping destinations. Numerous building system upgrades include copper plumbing, tankless water heaters, and extensive seismic upgrades. Silver Lake is as diverse as the people living there, along with numerous celebrities, artists, writers, and musicians like Beck and Moby (who own an SL vegan restaurant - Little Pine), to name a few. Thanks to its neighborhood feel, Silver Lake is the perfect area for young people looking for a vibrant location and young families seeking out good schools and a community feel. Silver Lake is continually growing with an ever-increasing mix of stylish boutiques, restaurants, bars, coffee shops, and everything in between.