Active
639 Robinson St
Los Angeles CA, 90026
$2,795,000
$686.23 per sqft
Active
11 Beds
6 Baths
4,073 sqft
Multi-family
Built in 1931
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!
24-420339
MLSⓇ ID
July 29, 2024
Listed
November 22, 2024
Updated
Map
639 Robinson St
Los Angeles CA, 90026
Interior Features
Total Stories
2
Bedrooms
11
Total Bathrooms
6
Appliances
Range/Oven, Refrigerator, Washer, Dryer, Dishwasher
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
112
Garage
Yes
Garage Spaces
2
Parking
Assigned
Parking Total
6
View
No
County
Los Angeles
Pool
No
Zoning
LARD2
Listing History
Date | Event | Price |
---|---|---|
11/15/2024 | Price change | $2,795,000 -2% |
Listed by Peter V Buonocore with Keller Williams Larchmont
Listing Contact: 323-762-2600
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Sydney Shand | CA DRE# 01345845 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024