710 N La Fayette Park Place Los Angeles, CA 90026
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site52 Days
- MLS StatusActive Under Contract
- MLS ID Number24427533
- Home Size Source N/A
- Year Built1965
- Lot Size0.2217 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Assigned
- Parking Spaces 15
- Number of Stories 22
- Acreage 0.2217
- Zoning LAR2
- Listing Conditions Standard
Community Features
- Senior Community No
- MLS Area C21 - Silver Lake - Echo Park