3400 London Street

Silver Lake, CA 90026

$3,100,000
Last Sold Price
12
Beds
16
Baths
7,386 Sq. Ft.
$420 / Sq. Ft.
7,386
Sq. Ft.
$420
per Sq. Ft.

Description

New construction green certified fourplex in a the hot rental market of silver lake. What more do we need to say? This luxury 7,386 sf four unit offers 12 bedrooms and 15 bathrooms in four townhouse style units, each with their own two car garage. All units are equipped with separate meters for water, gas, electricity and a fifth common area electric and water meter for servicing exterior lighting and landscape irrigation. London street is a quiet residential street, yet is in a pocket of silver...New construction green certified fourplex in a the hot rental market of silver lake. What more do we need to say? This luxury 7,386 sf four unit offers 12 bedrooms and 15 bathrooms in four townhouse style units, each with their own two car garage. All units are equipped with separate meters for water, gas, electricity and a fifth common area electric and water meter for servicing exterior lighting and landscape irrigation. London street is a quiet residential street, yet is in a pocket of silver lake that is taking off! Walk down the street for coffee on the patio of cafecito organico, chat over a vegan brunch at jewel, or lunch at sqirl. Just around the corner is the 101 fwy for the busy body, or bellevue rec center for some sun outdoors. The certificate of occupancy is expected may 2018. The property will be delivered vacant and turn-key. Please contact us for showing instructions or to submit an offer.
  1. Listed by Seth Hamilton • DRE #01897619 • Brokerage DRE #01875823 • Citivest Realty Services, Inc

Property Details for 3400 London Street

Architectural Style
Modern
View
City Lights
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Citivest Realty Services, Inc, Seth Hamilton, DRE #01897619

Sold By Redpoint Realty, Jae Chang, DRE #01752717

Add your commute
LISTING UPDATED: 07/02/2018 09:40 AM

Property Details for 3400 London Street

StatusClosed
MLS #PW18094589
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2018
Lot Size0.14 AC / 6,109 SF
CountyLos Angeles County

Location

Listing Courtesy of Citivest Realty Services, Inc, Seth Hamilton, DRE #01897619

Sold By Redpoint Realty, Jae Chang, DRE #01752717

Add your commute

Building Information for 3400 London Street

Stories3Residences-Year Built2018Building Size-Lot Size0.14 AC / 6,109 SF

Payment Calculator

$20,365 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,918

Property Taxes

$3,447

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3400 London Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, See Remarks, Telephone, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $201,600
  • Gross Scheduled Income: $201,600
  • Gross Spendable Income: $144,489
  • Vacancy Allowance: 6048
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $195,552
  • Net Operating Income: $144,489
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Gross Multiplier: 15.6
  • Cap Rate: 4.6
  • Current Financing: Private
  • Financing: Cash
Expense Details
  • Operating Expense: $51,063
  • New Taxes Expense: $40,622
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $518
  • Insurance Expense: $2,123
  • Maintenance Expense: $1,600
  • Professional Management Expense: $4,200
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: -
  • Trash Expense: $0
  • Water Sewer Expense: $400
  • Supplies Expense: $0
  • Total Expenses: $51,063
Tax / Assessment Info
  • Tax Block: 8
  • Tax Tract Number: 0
  • Tax Census Tract: 1959.03
  • Tax Lot: 1
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Gas Water Heater, Microwave, Refrigerator
  • Equipment: Dishwasher, Inside, Microwave, Refrigerator, Room
  • Interior Features: Unfurnished
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Excellent Condition
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 70
  • Green Energy Efficient: Appliances, Construction, Windows
  • Green Sustainability: Conserving Methods
  • Green Water Conservation: Flow Control
Land/Lot Info
  • Additional Parcels Description: 5401010001
  • Lot Features: Corner Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Carpet: 0
  • Number With Disposal: 4
  • Number With Drapes: 0

Property History for 3400 London Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3400 London Street

Taxable ValueLand$2,187,292Additions$1,203,009Total$3,390,301
Tax Record2023$41,369 ($3,447 / month)
Home Facts
Total Finished SqFt6,200 SqFtAbove Grade Finished SqFt6,200 SqFtStories1Lot Size6,109 SqFtStyleQuadraplexYear Built2017ZoningLARD1.5CountyLOS ANGELESAPN5401-010-001

Schools near 3400 London Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Dayton Heights Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Camino Nuevo High No. 2
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Citivest Realty Services, Inc, Seth Hamilton, DRE #01897619

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.