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We are pleased to present an eleven (11) unit apartment building located at 858 N La Fayette Park Place in Los Angeles, California. The subject property is situated in a prime Silver Lake Location, south of Sunset Boulevard and east of Silver Lake Boulevard. Built in 1915, this property contains a solid unit mix of two (2) bachelor / one bathroom units, seven (7) studio / one bathroom units, and two (2) one bedroom / one bathroom units. Roof, electrical, and stairs were updated during the current ownership. The units feature wood flooring, kitchen appliances, HVAC split systems, closets, and balcony space. The subject property is located right off of Sunset Boulevard, where residents can enjoy trendy and walkable amenities. Some of these amenities include Foresta Boutique, Pilates Punx, Freedman's, Elio's Wood Fire Pizza, Cuscatleca Bakery, Epitaph Records, Silver Lake Ramen, and La Pergoletta on Sunset. The famous Silver Lake Flea market is also within walking distance, less than one (1) mile east of the subject property. There is a quaint but lovely pocket park, Laurel and Hardy Park, less than a mile away as well where tenants can relax. This is truly a central location in Silver Lake, 0.9 miles from Sunset Junction, 1.6 miles from Echo Park Lake, and 3.5 miles from Downtown with easy access to the -101 and -110 freeways. Tenants will also have access to the on-site laundry facilities and eight (8) on-site parking spaces. Situated in a prime Silver Lake location, this offering presents an excellent opportunity for any investor to capitalize on strong rental upside potential with a unique building right off of Sunset Boulevard. MLS® ID: 22157391 Listed: 5/15/22 Updated: 10/24/22 Interior Features Kitchen Appliances: Built-In, Gas Oven, Range, Refrigerator, Dryer, Washer Total Bedrooms: 2 Total Bathrooms: 11 Floor Description: Wood Fireplace: Decorative Heating: Wall Furnace Exterior/Building Features Lot Size: 8,622 ft2 lot Lot Details: Landscaped Other Property Details Area Name: C21 - Silver Lake - Echo Park Garage: No Parking: Driveway, Uncovered Parking Total: 8.0 View: N County: Los Angeles Pool: No Pool Description: None Total Stories: 2 Zoning: LAR2 Property History Date Event Price Value 8/10/22 Active Under Contract - - Courtesy of Marcus & Millichap, Jason Tuvia, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/24/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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