CA > Los Angeles
Los Angeles, CA 90026,710 N La Fayette Park Pl
Los Angeles, CA 90026,710 N La Fayette Park Pl
Los Angeles, CA 90026,710 N La Fayette Park Pl
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$2,688,000
Est. payment /mo
18 Beds
22 Baths
10,038 SqFt
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UPDATED:

09/30/2024 08:31 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 10,038 sqft

Price per Sqft $267

MLS Listing ID 24-427533

Bedrooms 18

Year Built 1965

Lot Size 9,657 Sqft

Acres 0.2217

Property Description

Under the same family ownership for more than 50 years, this asset presents an investor with a prime opportunity to reposition and add value, as current rents are approximately 83% below local market rates. Located within two blocks of Sunset Boulevard, near the intersection of Silver Lake Boulevard and Sunset Boulevard, the property grants tenants access to some of the trendiest restaurants, boutiques, and coffee shops within both Silver Lake and Echo Park. Sunset Junction is only 1.5 miles from the building, while the dense employment center in Downtown Los Angeles is merely 2 miles southeast. A new small format Target recently opened less than a half-mile from the building. Tenants enjoy convenient access to the Greater Los Angeles metro via the 101 Freeway, within onramps just blocks from the property.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage Assigned

Garage Spaces 15.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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Listed by Marcus & Millichap

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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