31
  • Property Type
  • Residential Income
  • 11
  • Bedrooms
  • 6
  • Bathrooms
  • 2.00
  • Garages
  • 4073.00 m²
  • Area Size
  • 1931
  • Year Built
639 Robinson Street, Los Angeles, CA 90026
  • $2,825,000
  • $694

Description

Discover the perfect turn-key investment opportunity with this exceptional Silver Lake 6-unit building. Boasting a prime location and outstanding unit mix, this property is a gem for savvy investors. WITH AN ASSUMBLE LOAN OF APPROXIMATELY $1,650,000 AT A VERY LOW RATE OF 3.6%, FIXED FOR APPROXIMATELY THE NEXT 7 YEARS WITH PAYMENTS AMORTIZED OVER 30 YEARS, this investment offers a solid financial foundation. Featuring five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, this property caters to a diverse range of tenants. The meticulously restored units showcase modern upgrades and stylish finishes, ensuring tenant satisfaction and maximizing rental potential. Convenient amenities include two garages, four on-grade parking spaces, and separate metering for electricity and gas in each unit. The front building, constructed in 1960, houses four of the 2-bedroom units, while the rear duplex offers a spacious 2-bedroom unit over a double car garage and a 1-bedroom unit. Currently under professional management, this property offers a seamless investment opportunity with the option for personal management. Don’t miss out on this rare chance to own a premium income-generating property in one of Silver Lake’s most sought-after neighborhoods. Take advantage of the assumable loan and secure your place in this thriving real estate market today!

  • Address: 639 Robinson Street
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90026
  • Area: C21 - Silver Lake - Echo Park
  • Country: United States

Details

Updated on August 8, 2024 at 7:33 am
  • Property ID SGR-33370744
  • Price $2,825,000
  • Property Size 4073.00 m²
  • Land Area 6618.00 m²
  • Bedrooms 11
  • Bathrooms 6
  • Garages 2.00
  • Year Built 1931
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 4073.00
  • MLS# 24420339
  • Office Name KELLER WILLIAMS LARCHMONT
  • Agent Name Peter V Buonocore
  • MLS Status Active
  • Living Area Prefix Sqft
  • Co-Office Name Berkshire Hathaway HomeServices California Properties
  • Co-Agent Name Lane Aronson
  • Agent State License 01279107
  • Co-Agent State License 00681193

Additional details

  • Heating Central
  • County Los Angeles
  • Parking 6.00

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Sankofa Global Realty
  • Sankofa Global Realty

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