Flip report generated Feb 28, 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 offers significant flip potential. Located on a spacious 7,500 sqft R3 lot, it's a legal duplex with a charming 2bd/1ba main house and a 1bd/1ba back unit. The property's location in a desirable neighborhood and its potential for additional units or ADU conversion make it an attractive investment opportunity.
Consider pursuing one of two strategies: 1) Renovate both units to maximize rental income, potentially converting the garage into an ADU for additional revenue. 2) Explore the possibility of building multiple units using state density bonuses, which could significantly increase the property's value. Given the recent sale and current market conditions, a thoughtful renovation approach may yield the best short-term ROI.
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.