Active
639 Robinson Street
Los Angeles CA, 90026
$2,795,000
$686.23 per sqft
Active
11 Beds
6 Baths
4,073 sqft
Residential
Built in 1931
Listed by Peter V Buonocore with Keller Williams Larchmont 323-762-2561
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!
24420339
MLSⓇ ID
July 29, 2024
Listed
December 5, 2024
Updated
Map
639 Robinson Street
Los Angeles CA, 90026
Interior Features
Total Stories
2
Bedrooms
11
Total Bathrooms
6
Appliances
Dishwasher, Refrigerator, Dryer, Washer
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
C21 - Silver Lake - Echo Park
Days on Market
128
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% |
Listing Contact: 323-762-2600
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 5:17 AM UTC