3456 Plata Street
Los Angeles, CA, 90026
$1,175,000
Beds
0 Baths
SqFt
0.09 Acres
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*** 3456 Plata is the lowest priced fourplex in 90026 *** Located 0.5 miles from Vigil Ave, 3456 Plata is a bungalow-style fourplex located minutes from one of LA’s "coolest" streets. This culturally rich neighborhood is home to a flourishing food scene and famous boutiques breathing new life into the community. Notable establishments along Virgil Ave include Sqirl, Melody, Courage Bagels, Bolita, Voodoo Vin, and Kin Kan’s. In addition, 3456 Plata is located 1.0 mile south of Sunset Blvd and the Silver Lake neighborhood. Built in 1925, this value-add opportunity features (1) 2-bdrm. unit, (1) VACANT 1-bdrm. unit, and (2) studio units that offer approx. 59% rental upside. At projected market rents, the property will stabilize at a 7.28% CAP and 10.51 GRM. Each unit features wood flooring and plenty of large windows that allow abundant natural light. Please note, the two-bdrm. unit features a private back patio that serves as a perfect entertainment/dining space. Property amenities include approx. 3 parking spaces and community laundry.

Property Details

Price:
$1,175,000
MLS #:
25489149
Status:
Active
Baths:
0
Address:
3456 Plata Street
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Jan 24, 2025
State:
CA
ZIP:
90026
Lot Size:
3,757 sqft / 0.09 acres (approx)
Year Built:
1925
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Flooring
Wood, Tile

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Parking Features
Uncovered
Parking Spots
3.00
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Gated Community
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1
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3456 Plata Street
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