Under contract

710 N La Fayette Park Pl

Los Angeles CA, 90026

$2,688,000


$267.78 per sqft

Under contract

18 Beds

22 Baths

10,038 sqft

Multi-family

Built in 1965

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.

24-427533

MLS ID

August 20, 2024

Listed

November 22, 2024

Updated

Map

710 N La Fayette Park Pl
Los Angeles CA, 90026

Interior Features

Total Stories

2


Bedrooms

18


Total Bathrooms

22


Appliances

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.22 Acres

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

48


Garage

No


Parking

Assigned


Parking Total

15


View

No


County

Los Angeles


Pool

No


Zoning

LAR2

Listing History

Date

Event

Price

9/30/2024

Under contract

Listed by Roderick 'Rick' Raymundo with Marcus & Millichap
Listing Contact: 818-219-6146 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Joshua Gaunya shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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