Investor's dream property in the desirable upscale neighborhood of Silver Lake! This 6 unit turnkey apartment complex is an incredible opportunity for an investor wanting passive income. Completely renovated to the nines, the building has five 2 bedroom/1bath units and one 1 bedroom/1 bath unit. Both bottom units have private patios. New roof, new tankless water heaters, new subpanels with upgraded electrical, new stainless steel appliances and new mini-split A/C systems are just some of the amazing upgrades done to the property. Centrally located, this property sits in the heart of Silver Lake with all the hot entertainment spots just around the corner. Priced to sell at $2,850,000, the property has an incredible market GRM of 14.93 and 5.07% cap! Separately metered for gas and electric. Come see it today before it goes!
Off market
Zestimate®
$2,415,400
619 N La Fayette Park Pl, Los Angeles, CA 90026
11beds
6baths
3,694sqft
MultiFamily
Built in 1963
-- sqft lot
$2,415,400 Zestimate®
$654/sqft
$2,197 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit, In Closet, Laundry Closet Stacked
Features
- Common Walls, Turnkey, Recessed Lighting, Open Floor Plan, Drywall Walls, High Ceilings (9 Feet+), Laundry - Closet Stacked
- Flooring: Hardwood, Laminate
- Has fireplace: Yes
- Common walls with other units/homes: Attached
Interior area
- Total interior livable area: 3,694 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Detached
Features
- Levels: Two
- Exterior features: Stucco
- Has view: Yes
- View description: City
Lot
- Size: 5,558 sqft
Details
- Additional structures: Accessory Dwelling Unit
Construction
Type & style
- Home type: MultiFamily
Condition
- Updated/Remodeled
- Year built: 1963
Utilities & green energy
- Sewer: In Connected and Paid
Community & neighborhood
Security
- Security features: Gated
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Gas Or Electric Dryer Hookup, Ceiling Fan, Dryer, Microwave, Washer, Freezer, Water Line to Refrigerator
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- Style: Traditional
- ParkingGarage: Driveway - Concrete, Assigned, Garage - 3 Car, Detached, Parking Space, Side By Side
- ListingArea: Silver Lake - Echo Park
- SourceLivingArea: Assessor
- ViewDescription: City
- Cooling: Air Conditioning
- Heating: Forced Air, Combination
- Laundry: In Unit, In Closet, Laundry Closet Stacked
- WaterHeaterFeatures: Tankless
- Flooring: Hardwood, Laminate
- BathroomFeatures: Shower Over Tub, Low Flow Toilet(s), Remodeled
- BedroomFeatures: All Bedrooms Down, All Bedrooms Up
- CommonWalls: Attached
- ExteriorConstruction: Stucco
- KitchenFeatures: Remodeled, Skylight(s)
- LaundryEquipment: Own
- CookingAppliances: Free Standing Gas, Oven, Microwave, Oven-Gas
- FireplaceRooms: Living Room
- Levels: Two
- Rooms: Living Room
- PropertyCondition: Updated/Remodeled
- SecurityFeatures: Gated
- InteriorFeatures: Common Walls, Turnkey, Recessed Lighting, Open Floor Plan, Drywall Walls, High Ceilings (9 Feet+), Laundry - Closet Stacked
- Windows: Double Pane Windows
- Country: US
- LotLocation: City
- PatioFeatures: Porch - Front
- Water: Public
- OtherStructuralFeatures: Full Copper Plumbing
- Sewer: In Connected and Paid
- DirectionFaces: South
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111
- OtherStructures: Accessory Dwelling Unit
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Estimated market value
$2,415,400