Description
The Manzanita Apartments are a portfolio of 12 total units located in prime Silver Lake, California. There are four structures
on a total of 14,881 square feet. The current total building square footage is 9,579 and offers one- and two-bedroom apartment homes in a variety of floor plans. Three units are vacant and already gutted for a potential remodel. The 979-983 buildings are in the process of utilizing the Ellis Act, but has been on hold through the Pandemic. The process can be reversed if a Buyer decides to simply remodel the property. If no redevelopment is chosen, two structures will require soft-story retrofit. Two legal parcels. APN 5427-002-011 and 5427-002-012.
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