Property Details
About this Property
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 pro
MLS Listing Information
MLS #
CRBB25177609
MLS Source
California Regional MLS
Days on Site
17
Interior Features
Appliances
Dishwasher, Microwave, Oven - Electric, Oven Range - Electric, Dryer, Washer
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
242 N Dillon St is a Residential Income in Los Angeles, CA 90026. This – square foot property sits on a 6,370 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,995,000 and was built in 2025. This address can also be written as 242 N Dillon St, Los Angeles, CA 90026.
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This listing information is up-to-date as of August 14, 2025. For the most current information, please contact Lauren Cearley
