710 N La Fayette Park Pl - Apartments FOR SALE
Los Angeles, CA 90026 |
710 N La Fayette Park Pl
Los Angeles, CA 90026
HIGHLIGHTS
- Excellent Silver Lake Location – Two Blocks from Sunset Boulevard
- Outstanding Repositioning Opportunity – Current Rents Approximately 83% Below Market
- Rare Offering – Marketed for Sale for First Time in Over 50 Years
- Available for Only $168,000 per Unit While Renovated Apartments in the Area Have Sold for $350,000-$400,000+ per Unit
- Current Rents Average Only $1.78 per Square Foot When Similar Apartments Achieve Over $3.50 per Square Foot
- Only 1.5 Miles to Sunset Junction, 1.2 Miles to Silver Lake Reservoir, and 1 Mile to Echo Park Lake
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Silver Lake | $168K/Unit | Approx. 83% Upside
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
10038
STORIES
2
YEAR BUILT
1965
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
5402-004-007
