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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 5:17 AM UTC

 

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