710 N La Fayette Park Place, Los Angeles, CA 90026

  • $2,688,000
  • $268
710 N La Fayette Park Place, Los Angeles, CA 90026
  • Residential Income
  • Property Type
  • 18
  • Bedrooms
  • 22
  • Bathrooms
  • 10038.00
  • 1965
  • Year Built
For Sale
710 N La Fayette Park Place, Los Angeles, CA 90026
  • $2,688,000
  • $268

Overview

Property ID: SGR-33806310
  • Residential Income
  • Property Type
  • 18
  • Bedrooms
  • 22
  • Bathrooms
  • 10038.00
  • 1965
  • Year Built

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.

  • Address 710 N La Fayette Park Place
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90026
  • Area C21 - Silver Lake - Echo Park
  • Country United States

Details

Updated on September 10, 2024 at 3:06 am
  • Property ID: SGR-33806310
  • Price: $2,688,000
  • Property Size: 10038.00 m²
  • Land Area: 9657.00 m²
  • Bedrooms: 18
  • Bathrooms: 22
  • Year Built: 1965
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 10038.00
  • MLS#: 24427533
  • Office Name: MARCUS & MILLICHAP
  • Agent Name: Roderick 'Rick' Raymundo
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01357019

Additional details

  • County: Los Angeles
  • Parking: 15.00

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