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.
Sold for $2,300,000 on 12/17/24
$2,300,000
710 N La Fayette Park Pl, Los Angeles, CA 90026
18beds
22baths
10,038sqft
Multi Family
Built in 1965
-- sqft lot
$2,237,600 Zestimate®
$229/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 06, 2025 at 11:39am
Listed by:
Roderick 'Rick' Raymundo DRE # 01357019 818-219-6146,
Marcus & Millichap 818-212-2700
Bought with:
Subscriber Non, DRE # 13252
Non-Participant Office
Source: CLAW,MLS#: 24-427533

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 22
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 10,038
- Total interior livable area: 10,038 sqft
Property
Parking
- Total spaces: 15
- Parking features: Assigned
- Covered spaces: 14
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,657 sqft
Details
- Additional structures: None
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1965
Community & neighborhood
Location
- Region: Los Angeles
Services availability
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Estimated market value
$2,237,600