When you’re looking for a Silver Lake apartment for a cool $200K, you don’t have to settle for a one-bedroom unit or a studio apartment.
You can get a two-bedroom apartment in a house or townhouse for under just $200k.
First, the house is not a rental.
If you’re planning to buy your first home in Silver Lake, you should get your first mortgage approved before you move in.
Second, the property must be in the same subdivision as the house.
So if the house has an older lot and is in a different neighborhood, you’ll need to move into the lot.
If the property is within walking distance of the house, you can just buy it and move into your new place.
Third, the price is usually lower than the average home.
A lot of Silver Lake properties are listed at $225K or less.
A two-bed apartment for $200-$200K is generally not a bad deal.