957 N Vendome Street
Los Angeles, CA, 90026
$3,250,000
Beds
0 Baths
SqFt
0.17 Acres
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Built in 1924, 957 Vendome Street is a unique and special investment opportunity on one of the best streets in Silver Lake. The asset boasts eight (8) large, spacious units at +/- 1,100 SF each) and an excellent unit composition. All Two & Three Bedroom Units. Three of the Eight units have seen top-to-bottom remodels, featuring reimagined living rooms and kitchens, new flooring, modern lighting, updated kitchens and bathrooms, in-unit washers/dryers, and new stainless-steel appliances. Opportunity to nearly double (2X) existing rents. Steps from the iconic Silver Lake Blvd, 957 Vendome Street provides easy access to many of the hippest dining and shopping destinations that make Silver Lake so famous. There is a significant affordability gap in homeownership in the Silver Lake sub-market. As the median home price in the 90026 Zip Code is approximately $1,215,452, a typical monthly mortgage payment is 1.5 – 2 times more than the average renovated rent at 957 Vendome Street.

Property Details

Price:
$3,250,000
MLS #:
25501235
Status:
Active
Baths:
0
Address:
957 N Vendome Street
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Feb 20, 2025
State:
CA
ZIP:
90026
Lot Size:
7,352 sqft / 0.17 acres (approx)
Year Built:
1924
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