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$ 1,175,000
Est. payment | /mo
6 Beds
4 Baths
9,035 Sqft Lot
$ 1,175,000
Est. payment | /mo
6 Beds
4 Baths
9,035 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26214119
Bedrooms 6
Lot Size 9,035 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Value-add triplex. 4BD/2BA front unit delivered vacant is ready for an owner-user to move right in, or for immediate lease-up at $4,500/mo market rent. Live in front and let the rear duplex help pay the mortgage. Rare 9,032 SF lot in Silver Lake-adjacent Los Angeles (90026). Offered at $1,175,000 ($396/SF). Seller has upgraded the roof, electrical panels, and copper plumbing throughout. RAS3 zoning, confirmed 3-unit C of O but recorded as a fourplex on title, with a path to restore the 4th legal unit (buyer to verify). Lot size and unit count may also qualify for up to 4 ADUs by-right under SB 1211s ministerial approval (buyer to verify). Rear duplex carries 210%+ rent upside on turnover. 4.91% current cap rate / 6.54% pro forma, no construction required. Last non-redeveloped lot on this block of Robinson St; every neighboring parcel already rebuilt as new construction. Minutes to Silver Lake, Echo Park, East Hollywood, Koreatown, Larchmont.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Robinson St near Temple St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5156007016
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Listed by Freddie Gershinson, DRE#02254744 Lyon Stahl Investment Real Estate, Inc.
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