710 N La Fayette Park Place
Los Angeles, CA, 90026
$2,688,000
Beds
0 Baths
SqFt
0.22 Acres
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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.

Property Details

Price:
$2,688,000
MLS #:
24427533
Status:
Active Under Contract
Baths:
0
Address:
710 N La Fayette Park Place
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Aug 13, 2024
State:
CA
ZIP:
90026
Lot Size:
9,657 sqft / 0.22 acres (approx)
Year Built:
1965
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710 N La Fayette Park Place
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