710 N La Fayette Park Place, Los Angeles, CA 90026
- $2,688,000
- $268
- $2,688,000
- $268
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
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Address: 710 N La Fayette Park Place
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90026
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Area: C21 - Silver Lake - Echo Park
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Country: United States
Details
Updated on September 10, 2024 at 3:06 am-
Property ID SGR-33806310
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Price $2,688,000
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Property Size 10038.00 m²
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Land Area 9657.00 m²
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Bedrooms 18
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Bathrooms 22
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Year Built 1965
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Property Type Residential Income
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Property Status For Sale
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Living Area 10038.00
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MLS# 24427533
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Office Name MARCUS & MILLICHAP
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Agent Name Roderick 'Rick' Raymundo
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01357019
Additional details
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County Los Angeles
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Parking 15.00
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