Los Angeles, CA 90026 619 N La Fayette Park Place

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  • MLS# 22117963
  • 01/13/2022
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Presented By: Will Tiao with The Collective Realty - 323-363-1096
  • Beds • 11
  • Baths • 6
  • SQFT • 3,694
  • Garage • 1
  • Year Built • 1963

Home Details

Investor's dream property in the desirable upscale neighborhood of Silver Lake! This 6 unit turnkey apartment complex is an incredible opportunity for an investor wanting passive income. Completely renovated to the nines, the building has five 2 bedroom/1bath units and one 1 bedroom/1 bath unit. Both bottom units have private patios. New roof, new tankless water heaters, new subpanels with upgraded electrical, new stainless steel appliances and new mini-split A/C systems are just some of the amazing upgrades done to the property. Centrally located, this property sits in the heart of Silver Lake with all the hot entertainment spots just around the corner. Priced to sell at $2,850,000, the property has an incredible market GRM of 14.93 and 5.07% cap! Separately metered for gas and electric. Come see it today before it goes!
Presented By: Will Tiao with The Collective Realty - 323-363-1096

Interior Features for 619 N La Fayette Park Place

Bathrooms

Total Baths0

Other Interior Features

Fireplace FeaturesLiving Room
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesLaundry Closet, Stacked
Window FeaturesDouble Pane Windows

Room Details for 619 N La Fayette Park Place

Living Room

roomtype Living Room

General for 619 N La Fayette Park Place

AccessibilityNone
AppliancesDishwasher, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer
Architectural StyleTraditional
Carport Y/NYes
Co-Listing AgentKen Dennis - BRE#02097826
Co-Listing Agent State License #02097826
Community FeaturesGated
Construction MaterialsStucco
Facing DirectionSouth
FlooringLaminate, Wood
Garage Spaces0
Garage Y/NNo
HOA Fee$0
HeatingCombination, Forced Air
Interior FeaturesCeiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
LevelsTwo
Listing AgentWill Tiao - BRE#01918965
Listing Agent State License01918965
Lot Size Square Feet5557
MLS AreaC21 - Silver Lake - Echo Park
Pool FeaturesNone
Private PoolNo
Property TypeResidential Income
PropertyConditionUpdated/Remodeled
Security FeaturesGated Community
Senior Community Y/NNo
SewerSewer Tap Paid
Spa FeaturesNone
Special Listing ConditionsStandard
StatusActive Under Contract
Stories2
Total Actual Rent190680
Total Units6
ViewCity Lights
ZoningLARD1.5

Exterior for 619 N La Fayette Park Place

Lot Size Acres0.1276
Lot Size Area5557
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Parking FeaturesAssigned, Concrete, Door-Multi, Detached Carport, Garage, One Space, Side By Side
SpaNo
Total Parking5
View Y/NYes

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,850,000
MLS#22117963
List Date 01/13/2022
Property Type Contingent
Phone 310.658.1749
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