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Property 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.

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Additional Information
Marcus & Millichap
0
CLW-C126070
CLW-X75151
Roderick
5402004007
: Standard
Two
32

Multi-Family For Sale

710 La Fayette Park Place, Los Angeles, California 90026

10,038 Sqft
$2,688,000
Listing ID #24427533
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24427533
Price : $2,688,000
Living Area : 10,038 Sqft
Lot Size : 9,657 Sqft
Year Built : 1965
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90026
Price Per Square Foot : $268
ModificationTimestamp : 2024-08-21 05:04:54
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