Views
Address
619 N La Fayette Park Place Los Angeles, CA
Price
$ 2,850,000
Property Attributes
  • MLS#22117963
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake - Echo Park
  • Zip90026
  • StyleTraditional
  • Price$ 2,850,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3694
  • Lot Size5,557 SqFt
Listing Provided Courtesy Of:
Will Tiao with The Collective Realty - 323-363-1096
Data Source:
California Regional MLS (CRMLS)
Property Description

Investor's dream property in the desirable upscale neighborhood of Silver Lake! This 6 unit turnkey apartment complex is an incredible opportunity for an investor wanting passive income. Completely renovated to the nines, the building has five 2 bedroom/1bath units and one 1 bedroom/1 bath unit. Both bottom units have private patios. New roof, new tankless water heaters, new subpanels with upgraded electrical, new stainless steel appliances and new mini-split A/C systems are just some of the amazing upgrades done to the property. Centrally located, this property sits in the heart of Silver Lake with all the hot entertainment spots just around the corner. Priced to sell at $2,850,000, the property has an incredible market GRM of 14.93 and 5.07% cap! Separately metered for gas and electric. Come see it today before it goes!

Price History
1/13/2022 Listed $2,850,000

General Features

Accessibility None
Appliances Dishwasher, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer
Architectural Style Traditional
Carport Y/N Yes
Co-Listing Agent State License # 02097826
Co-listing Agent Ken Dennis - BRE#02097826
Community Features Gated
Construction Materials Stucco
Facing Direction South
Flooring Laminate, Wood
Heating Combination, Forced Air
Interior Features Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
Levels Two
Listing Agent Will Tiao - BRE#01918965
Listing Agent State License 01918965
Lot Size Square Feet 5557
MLS Area C21 - Silver Lake - Echo Park
Pool Features None
Property Type Residential Income
PropertyCondition Updated/Remodeled
Security Features Gated Community
Senior Community Y/N No
Sewer Sewer Tap Paid
Spa Features None
Special Listing Conditions Standard
Status Active
Stories 2
Total Actual Rent 190680
Total Units 6
View City Lights
Zoning LARD1.5

Interior Features

Fireplace Features Living Room
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Laundry Closet, Stacked
Window Features Double Pane Windows

Exterior Features

Lot Size Acres 0.1276
Lot Size Area 5557
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Parking Features Assigned, Concrete, Door-Multi, Detached Carport, Garage, One Space, Side By Side
Total Parking 5
View Y/N Yes

Room Details

Room Dimensions Level Flooring Details
Living Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90026

Price
AVG $1.89M
$2.85M
Visits
AVG 37
11
Year Built
AVG 1936
1963
Walkscore
AVG 82
81
Data Provided by Walkscore ® not using MLS data

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