Discover the perfect turn-key investment opportunity with this exceptional Silver Lake 6-unit building. Boasting a prime location and outstanding unit mix, this property is a gem for savvy investors. WITH AN ASSUMBLE LOAN OF APPROXIMATELY $1,650,000 AT A VERY LOW RATE OF 3.6%, FIXED FOR APPROXIMATELY THE NEXT 7 YEARS WITH PAYMENTS AMORTIZED OVER 30 YEARS, this investment offers a solid financial foundation. Featuring five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, this property caters to a diverse range of tenants. The meticulously restored units showcase modern upgrades and stylish finishes, ensuring tenant satisfaction and maximizing rental potential. Convenient amenities include two garages, four on-grade parking spaces, and separate metering for electricity and gas in each unit. The front building, constructed in 1960, houses four of the 2-bedroom units, while the rear duplex offers a spacious 2-bedroom unit over a double car garage and a 1-bedroom unit. Currently under professional management, this property offers a seamless investment opportunity with the option for personal management. Don’t miss out on this rare chance to own a premium income-generating property in one of Silver Lake’s most sought-after neighborhoods. Take advantage of the assumable loan and secure your place in this thriving real estate market today!
Property Details
Price:
$2,795,000
MLS #:
24420339
Status:
Active
Baths:
0
Address:
639 Robinson Street
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Jul 29, 2024
State:
CA
ZIP:
90026
Lot Size:
6,618 sqft / 0.15 acres (approx)
Year Built:
1931
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Schools
Interior
Appliances
Dishwasher, Refrigerator
Heating
Central
Exterior
Garage Spaces
2.00
Parking Features
Assigned
Parking Spots
6.00
Stories Total
2
Financial
Map
Community
- Address639 Robinson Street Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
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Courtesy of Keller Williams Larchmont. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
639 Robinson Street
Los Angeles, CA
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