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710 N La Fayette Park Place

Los Angeles, CA 90026

– beds
– baths
– sqft
9,657 sqft lot
1965 build
– on site

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.

Listed By CRMLS_CA / Roderick 'Rick' Raymundo / Marcus & Millichap

Last checked: Checking… • Last updated Sep 30, 2024 •

MLS# 24427533 —

The Building

Year Built:

1965
New Construction:

No
Building Area Total:

10038.00
# of Buildings:

1
Total Number Of Units:

16
Stories Total:

2

Interior

Levels:

Two

Location

Directions:

We are pleased to announce the opportunity to purchase 710 N La Fayette Park Place, a 16-unit multifamily property situated in the highly desirable Silver Lake neighborhood of Los Angeles, CA.
Latitude:

34.07827400
Longitude:

-118.27333100

The Property

Property Type:

Residential Income
Zoning:

LAR2
Lot Size Area:

9657.0000
Lot Size Acres:

0.2217
Lot Size SqFt:

9657.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5402004007

Appliances

Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

15.00
Uncovered Spaces:

1.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
9/30/24 Sep 30, 2024	Sold Subject To Contingencies	CRMLS_CA	$2,688,000
8/20/24 Aug 20, 2024	Listed / Active	CRMLS_CA	$2,688,000

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This multifamily located in Central LA, Los Angeles, CA 90026 is currently for sale for $2,688,000. 710 N La Fayette Park Place is a – square foot multifamily with – beds and – baths that has been on Estately for 82 days. 710 N La Fayette Park Place is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Micheltorena Street Elementary School, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Business And Tourism, Belmont Senior High School, Ramon C Cortines School Of Visual And Performing Arts, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - School Of Social Justice, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, and Virgil Middle School.

Listing Courtesy of: CRMLS_CA and Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of 13:28 on Nov 10.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.