3456 Plata Street

Los Angeles, CA 90026

$1,200,000
Price
3
Beds
4
Baths
1,520 Sq. Ft.
$789 / Sq. Ft.
1,520
Sq. Ft.
$789
per Sq. Ft.

Description

Located 0.5 miles from Vigil Ave, 3456 Plata is a four-unit bungalow-style complex minutes from one of LA's "coolest" streets. This culturally rich neighborhood is home to a flourishing food scene and famous boutique breathing new life into the community. Notable establishments along Virgil Ave include Sqirl, Melody, Courage Bagels, Bolita, Voodoo Vin, and Kin Kan's. In addition, the property is located 1.0 mile south of Sunset Blvd and the Silver Lake neighborhood. 3456 Plata features (1) 2-bdrm....Located 0.5 miles from Vigil Ave, 3456 Plata is a four-unit bungalow-style complex minutes from one of LA's "coolest" streets. This culturally rich neighborhood is home to a flourishing food scene and famous boutique breathing new life into the community. Notable establishments along Virgil Ave include Sqirl, Melody, Courage Bagels, Bolita, Voodoo Vin, and Kin Kan's. In addition, the property is located 1.0 mile south of Sunset Blvd and the Silver Lake neighborhood. 3456 Plata features (1) 2-bdrm. unit, (1) 1-bdrm. unit, and (2) studio units that offer approx. 73% rental upside. Each unit features wood flooring and plenty of large windows that allow abundant natural light. Please note, the two-bdrm. unit features a private back patio that serves as a perfect entertainment/dining space. At projected market rents, the property will stabilize at a 7.10% CAP and 10.73 GRM.

Listing Agent

  1. Max Berger

    Max Berger

    Listing Agent

    Compass

    DRE #02054048

    max.berger@compass.com

    P: 818.321.4972

Property Details for 3456 Plata Street

Water Front
None
Zoning
LAR2
Style
Bungalow
Cross Streets
N. Hoover Street and Plata Street
Parcel Number
5401011005
Total Units
4.0
Living Area
1520
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048
Add your commute
LISTING UPDATED: 04/26/2024 12:01 AM

Property Details for 3456 Plata Street

StatusActive
MLS #24-381939
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.09 AC / 3,757 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048
Add your commute

Building Information for 3456 Plata Street

Stories-Residences-Year Built1925Building Size-Lot Size0.09 AC / 3,757 SF

Payment Calculator

$7,137 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$588

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3456 Plata Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Bungalows
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Direction Faces: North
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $61,788
  • Net Operating Income: $38,553.00
  • Gross Income: $63,372
  • Gross Rent Multiplier: $18.94
  • Financial Info as Of: 04/18/2024
  • Vacancy Allow Percent: 2.50%
  • Total Annual Expense: 23234
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Size Square Feet: 3757
Parking Details
Parking Details
  • Parking Garage: Uncovered, Side By Side
  • Total Parking: 3
  • Open Other Spaces Total: 3
  • Parking Features: Uncovered, Side by Side
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Flooring: Wood
  • Equipment: Built-Ins, Freezer, Refrigerator, Range/Oven, Other
  • Common Walls: Attached
  • Laundry: Community
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-18-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $2,795.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,872.00
  • Unit Actual Rent: $1,872.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $710.00
  • Unit Actual Rent: $1,419.00
  • Unit Projected Rent: $3,990.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 3456 Plata 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 3456 Plata Street

Taxable ValueLand$396,504Additions$165,700Total$562,204
Tax Record2023$7,053 ($588 / month)
Home Facts
Total Finished SqFt1,520 SqFtAbove Grade Finished SqFt1,520 SqFtLot Size3,757 SqFtStyleQuadraplexYear Built1925ZoningLAR2CountyLOS ANGELESAPN5401-011-005

Schools near 3456 Plata 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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3456 Plata Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on April 18, 2024 by Compass, it's currently listed at $1,200,000. It has been on the market for a total of 15 days and was last sold on February 24, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Dayton Heights Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 3456 Plata Street is a 3-bed, 4-bath, 1,520 sqft multi-family home built in 1925.

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 Compass, Max Berger, DRE #02054048

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.