242 N Dillon ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25177609
Year Built 2025
Annual Tax Amount $59,925
Lot Size 6,368 Sqft
Property Sub-Type Quadruplex
Property Description
242 N Dillon is a brand-new, NON-RENT-CONTROLLED 2025 five-unit luxury community located just seconds from Silver Lake, one of LA's most sought-after rental markets. This architectural gem combines prime location, high-end finishes, and strong returns, offering investors a projected 5.68% cap rate with minimal expenses.
Set on a gentrifying street with standout curb appeal, 242 N Dillon features five expansive units — including one massive 5-bedroom tri-level townhome (2,356 SF) and four oversized 4-bedroom units — all with private entrances and thoughtfully designed, renter-friendly floorplans. Each unit is separately metered for all utilities and comes with a full 1-year builder's warranty, ensuring low maintenance and long-term stability.
Luxury features include designer tile, custom cabinetry, stainless steel appliances, oversized kitchen islands, high ceilings, balconies, large closets, and stunning 360-degree rooftop decks. The building is enhanced by drought-tolerant landscaping, ample parking, and natural light throughout.
With no rent control, high-income potential, and top-tier design, 242 N Dillon is a rare opportunity to own a high-performing, low-maintenance asset in one of LA's most competitive rental corridors. Don't miss your chance to secure a trophy property in this highly desirable rental pocket of LA.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Exterior Feature Lighting
Parking Features Uncovered
Pool None
Community Features Street Lights,Sidewalks
View Y/N Yes
View City Lights,Neighborhood
Building
Lot Description Landscaped
Story 3
Sewer Public Sewer
Water Public
New Construction Yes
Others
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.myunits.com/buy/242ndillon