#SR25098110, Jazmin Asbun, Listing office: Park Regency Realty
#GD25159104·
Listing office: Kelton Properties·
Listing agent: Jason Insalaco·
Listing office phone: 323-472-3962
$1,450,000 List price
2406 Edgewater Ter Los Angeles, CA 90039
0.2 acres
Multi-Family
Property details
About 2406 Edgewater Ter
An ultra-rare opportunity to own a Trophy Triplex in the heart of Silver Lake, near the beloved Silver Lake Meadow & Reservoir, and within the Ivanhoe District. This Turnkey, Income-Producing Asset offers a beautiful blend of charm and modern upgrades—perfect for investors or future owner-occupants seeking a premier asset in a coveted location. Each of the three spacious one-bedroom, one-bathroom residences has been thoughtfully renovated, featuring Refinished Original Hardwood Floors, Immaculate Kitchens, and Bathrooms that blend vintage reproduction with contemporary convenience. The Rear Residence is a Standalone Home with a Huge, Shaded Yard—an ultra-desirable feature that drives premium rent and tenant retention, or a perfect house for owner-user. The front unit offers a vast porch with tranquil views. Current Gross Rent: $8,240/month with 15–20% Rental Upside. Over a 5.4 Capitalization Rate in Prime Silver Lake!! Two Garages (1-car and 2-car) + additional parking spaces. There may be potential to add 1–3 ADUs (Buyer to verify). All units are separately metered for gas and electricity. Lovingly maintained and cared for, this Platinum Property offers incredible Cash Flow, Exceptional Appreciation, and an Expansive Value-Add Opportunity. Silver Lake is one of the hottest and fastest appreciating neighborhoods in Los Angeles. There have only been two owners of the property since it was built. Please don't walk onto the property. Showings only with accepted offer. Buyer to cooperate with seller's 1031 exchange.
Highlights
Home typeTriplex
StatusActive
Lot size0.1643 Acres
Year built1940
MLS #GD25159104
Garage3 spaces
ViewMeadow, Neighborhood
Summary
- Flooring Type: Wood
- Garage Space: 3 spaces
- Private Pool: No
- View: Meadow, Neighborhood
- List Price: $1,450,000
- HOA Amount: $0
- Annual Tax Amount: $3,858
- Tax Year: 2024
- Directions: Silver Lake Blvd Cross Street
- Year Built: 1940
- Stories: 1
- Lot Size: 0.1643 Acres
- MLS Number: GD25159104
- MLS Name: CRMLS
- Office Name: Kelton Properties
- Office Phone: (323) 472-3962
- Listing Agent: Jason Insalaco
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 6:45:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 31, 1997 | Home Sold | $187,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $293,497 | $3,858 |
| 2023 | $287,743 | $3,788 |
| 2022 | $282,102 | $3,618 |
| 2021 | $276,572 | $3,566 |
| 2020 | $273,737 | $3,464 |
| 2019 | $268,370 | $3,407 |
| 2018 | $263,109 | $3,334 |
| 2017 | $257,951 | $3,334 |
History based on county public records data.
Nearby schools
7
Allesandro Elementary School
Public District PK-5
0.5 mi
•2210 Riverside Dr
8
Ivanhoe Elementary
Public District KG-5
0.7 mi
•2828 Herkimer St
6
Clifford Street Math & Technology Magent
Public District KG-6
0.8 mi
•2150 Duane St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,375. Most Los Angeles, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
39%
<35k
35%
35k-100k
16%
100k-200k
10%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
8%
Single, with Kids
19%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
4%
12-17 yrs old
22%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Jack In The Box
What do the neighbors drive?
Audi
Mercedes
BMW
What do the neighbors listen to?
Alternative
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2406 Edgewater Ter
The listing price of 2406 Edgewater Ter property is $1,450,000.
The property 2406 Edgewater Ter is a multi located in Los Angeles, California, 90039.
Active Listing: 2406 Edgewater Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2406 Edgewater Ter are: Allesandro Elementary School (GreatSchools Rating 7/10), Ivanhoe Elementary (GreatSchools Rating 8/10), Clifford Street Math & Technology Magent (GreatSchools Rating 6/10), Los Feliz Charter Middle School for the Arts (GreatSchools Rating 5/10), Thomas Starr King Middle School (GreatSchools Rating 6/10), Gabriella Charter (GreatSchools Rating 5/10), John Marshall High School (GreatSchools Rating 8/10), Alliance Leichtman-Levine Family Foundation Env Science High School (GreatSchools Rating 7/10), Renaissance Arts Academy (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $3,858 (source: MLS/based on county public records data).
The last sale was on July 31, 1997 for $187,500 (source: MLS/tax record).
The year of construction for 2406 Edgewater Ter is 1940.
This home is located at 2406 Edgewater Ter in Los Angeles, CA and zip code 90039 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $1,450,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The number of listings in Los Angeles, CA increased by 9% between May and June 2025. In June 2025 median list price was $876,067 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.