Prime Silverlake. Zoned C2 Excellent opportunity to tear down, build new apartments or Small Lot. MAI appraisal dated Aug. 2020 at a value of $1,550,000 to $1,700,000 with proforma of $9,030.00 per month, $3.50 a foot + and a potential future 5 cap rate. LOW cost per foot as commercial building sales in Silverlake average from $650.00 to $811.00 per foot. Lot dimensions approx. 90 feet x 80 feet.