966 Sanborn Avenue
Los Angeles, CA 90029
- – beds
- – baths
- – sqft
- 5,373 sqft lot
- 2024 build
- – on site
The offering is a brand-new, 2024-built townhome-style apartment building located in the highly sought-after neighborhood of Silver Lake, just steps from Sunset Junction. Constructed with a Senate Bill 8 exemption, the property is not subject to the restrictive Los Angeles Rent Control measures, making it an attractive investment opportunity. The property features four meticulously designed units spanning a total of 7,819 square feet, with an ideal unit mix (1) 4-bedroom, 3.5-bathroom, (1) 3-bedroom, 2.5-bathroom, (1) 3-bedroom, 2-bathroom & (1) 2-bedroom, 2-bathroom unit. Each unit is thoughtfully crafted with private rooftop decks, offering stunning views of Silver Lake. The interiors are finished with hardwood floors, recessed lighting, stainless steel appliances, and in-unit washers and dryers, providing tenants with modern conveniences and luxurious living spaces. Offered at $3,950,000, this turnkey investment opportunity delivers an immediate 5.53% CAP rate in one of Los Angeles' most desirable locations. The property has been built with exceptional attention to detail by one of Los Angeles' premier townhome developers, featuring custom home-level finishes that exude elegance and sophistication. Located just off Sunset Junction, the property boasts a Walk Score of 91, ensuring tenants have convenient access to some of the best dining, shopping, and entertainment options in Silver Lake. Nearby anchors include Erewhon, Silver Lake Farmer's Market, Bacari, Pine & Crane, and Intelligentsia Coffee, among many others. This is a rare opportunity to acquire a high-performing, new-construction asset in a premier Los Angeles location.
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Last updated Jan 17, 2025
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MLS# 25479121 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2024
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Year Built Source:Builder
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New Construction:No
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Building Area Total:7821.00
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:2
Interior
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Levels:Two
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Flooring:Wood
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:South of Sunset Blvd, East of Virgil Ave & West Of Silverlake Blvd
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Latitude:34.08961300
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Longitude:-118.28181500
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:5373.0000
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Lot Size Dimensions:50x107
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Lot Size Acres:0.1233
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Lot Size SqFt:5373.00
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5427008043
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Dishwasher, Disposal, Refrigerator, Convection Oven, Microwave, Electric Cooktop
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/9/25
Jan 9, 2025
|
Listed / Active | CRMLS_CA | $3,950,000 | 253.3% (109.0% / YR) |
|
9/14/22
Sep 14, 2022
|
CRMLS_CA | $1,118,000 | 54.2% | |
|
4/25/22
Apr 25, 2022
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CRMLS_CA | $725,000 |
