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2129 Aaron Street, Silver Lake

Rare New Construction 5-Unit in High-Demand Silver Lake

2129 Aaron is a rare opportunity to own a brand-new 5-unit luxury building in Silver Lake, one of Los Angeles’ highest-demand rental corridors. This NON-RENT-CONTROLLED asset features premium design, large open floorplans, and modern amenities built for today’s tenants. With strong rent projections, low operating costs, and full builder’s warranty, it delivers the ideal blend of stability, appreciation potential, and location-driven value.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Rent Control:

$4,495,000

5-Unit

Off-Market

5

2025

5.22%

14.42

$311,700 (Pro Forma)

8,411 sqft

7,486 sqft

$534.42

$899,000

3 x 4b/4b, 2 x 2b/2b

No

4 Garage Spaces + 4 Exterior Spaces

No

Other Features:

No Rent Control, Large Closets with Built-Ins, Sleek Wood Kitchens and Bathrooms

The Highlights

  • NO RENT CONTROL!

  • Perfectly positioned between two of LA’s most desirable neighborhoods — Silver Lake and Echo Park — offering unbeatable renter appeal.

  • High-income property in one of LA’s most rapidly appreciating pockets.

  • Surrounded by top-tier attractions — minutes to Sunset Junction, Echo Park Lake, and Dodger Stadium.

  • Premium modern finishes and open layouts designed for today’s urban renter.

  • Ideal unit mix appealing to both families, roommates, and young professionals.

  • All units separately metered for electric and water — low operating expenses!

  • Strong cap rate potential with room to increase rents.

  • Turnkey 1031 exchange opportunity — ready to close now!

  • Features 1 freestanding home that is close to 3,000 sqft.

The Neighborhood

<15-Minute Walk

Andante Coffee Roasters, LAMILL Coffee Boutique, Couplet Coffee, A Tí, Masa of Echo Park (Bakery & Cafe), The Semi‑Tropic, Bar Flores, Bar Henry, Quarter Sheets Pizza, Taix French Restaurant, Echo  Park  Lake

<15-Minute Drive

Bar Siesta, Bacari Silverlake, Santo Silverlake, Bowery Bungalow, The  Red Lion Tavern, The Thirsty Crow, Kalaveras, Edendale Restaurant & Bar, Izakaya Osen, Pine & Crane, The Black  Cat, Silver Lake Reservoir

<$15 Uber Ride

Harriet’s Rooftop, E.P. & L.P., The Roof at EDITION, Intelligentsia Coffee Silver Lake, Bar Bacetti, Lowboy, Somni, Bar Jubilee, Cafe Woods, Darling, Bar Bandini, The Echo, Echoplex, Pehrspace

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Contact

Cheyenne Womack

805.973.7470

Lauren Cearley

213.302.8662

Property Presented By:

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