Flip report generated Feb 27, 2025
The Flip Potential of
622 Maltman Ave Los Angeles, CA
is medium.
Current Specs
Multi-Family
2 Units
2 Bed / 2 Bath
2,161 sqft
$601 per sqft
Estimated Value$1,299,000
Flip Advice
This Silver Lake craftsman home presents a unique opportunity for real estate investors. With its legal duplex status on a spacious 7,500 sqft R3 lot, it offers multiple avenues for profit. The property's location in a trendy neighborhood and its potential for renovation or redevelopment make it an attractive flip prospect.
Consider pursuing a value-add strategy by renovating both units to maximize rental income. Alternatively, explore the possibility of converting the existing 2-car garage into an ADU for additional rental revenue. Given the R3 zoning, there's also potential for a larger multifamily development, which could significantly increase the property's value.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.