Property Description

This trophy six-unit income property offering over a 5% CAP rate, 13.6 GRM and not subject to RSO, is ideally located just blocks from Sunset Junction in trendy Silver Lake. Originally constructed in 1926, then converted to apartments in 2013 and has since undergone a complete renovation with updated systems including roof, plumbing, electrical, and heating and air conditioning. The Sanctum Artiste is an exclusive offering featuring stylishly redesigned units. Each two-bedroom, two-bathroom loft-style unit maintains elements of historical features of stained-glass windows and hardwood floors. All kitchens and baths have been modernized with stainless steel appliances. Washer and dryer in each unit. Gated parking with 8 spots. Fully occupied and separately metered, this is a one-of-a-kind and rare opportunity, not to be missed.

Features
: Central
: Central Air
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Additional Information
The Agency
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CLW-C124738
CLW-X7901304
Jonathan
5427004007
: Standard
32

Multi-Family For Sale

900 Hoover Street, Los Angeles, California 90029

7,662 Sqft
$3,695,000
Listing ID #21684692
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 21684692
Price : $3,695,000
Living Area : 7,662 Sqft
Lot Size : 6,510 Sqft
Year Built : 1926
Price Per Square Foot : $482
ModificationTimestamp : 2021-02-02 06:30:16
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