An associate firm is pleased to introduce a a rare and unique opportunity to reposition an entire 13,319 square foot former care facility that is now fully in the prime Silver Lake neighborhood of Los Angeles steps away from Sunset Blvd. The building is a three-story, 1964 construction build, that consists of 26 residential rooms. The current layout is as follows- the ground floor features a large commercial kitchen with adjoining cafeteria for serving food and dining, laundry facility, storage room, two traditional apartment units (each with own bathroom), and a large outdoor patio that stretches the length of the property. The second floor offers 16 rooms of similar size with each sharing Jack and Jill style showers and each having their own toilet and sink. There is also a large common meeting area on the floor along with small office/administrative spaces. The third floor has eight rooms that are the same layout as the second (ground) floor and has full access to a rooftop deck with sweeping views of downtown LA and the surrounding neighborhood. The property also includes a non-operational elevator that services all floors of the building in addition to staff bathrooms on each level. Currently the property is categorized as Institutional – Homes for Aged and Others. Historically the property has operated as a home for disabled adults, though it has been vacant since summer of 2022. In the past 24 months there has been paperwork submitted to the city for application to change the use code to residential living (buyer to verify). The property is not subject to the Los Angeles Rent Stabilization Ordinance or California’s AB 1482 law (per ZIMAS). The building is effective in housing a large amount of people- in it’s past use it was licensed to house 49 people and most rooms were housing two people. It could be possible with every room at double occupancy to house 54 people in the building total. With the large industrial kitchen, cafeteria space, and multiple large common areas- this is an ideal property for dense co-living.

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