Of the 18 total units that makeup 2719-2723 W. Sunset Blvd., there are 17 new leases (less than 24 months old). Over the past 24 months, the current owner has gone to considerable time and expense to remove those tenants who were paying below-market rents. Due to the high demand and undersupply of apartments in the area, vacancy is lower than average. Vacant units rent very quickly and with little trouble, normally with multiple applicants.

The majority of tenants on average range in age from mid-20’s to early-40’s. Known as an artistic community, Silver Lake mostly draws a younger crowd and many tenants come from out of state, sometimes renting units sight-unseen. Collecting rent is mostly trouble-free and the majority of tenants pay their rent on time.