833 North Vendome Street

Los Angeles, CA 90026

$1,550,000
Price
4
Beds
4
Baths
2,818 Sq. Ft.
$550 / Sq. Ft.
2,818
Sq. Ft.
$550
per Sq. Ft.

Description

KW Commercial is pleased to present 833 North Vendome Street, a one-of-a-kind Spanish-fourplex nestled in the heart of Silver Lake (90026). The property provides a unique opportunity for investors as well as owner-users. This property consists of four 1-bedroom, 1-bathroom apartment homes housed within three separate structures. There are two stand- alone bungalows built in 1924 and a duplex built in 1933 and all units boast original charm and architectural character. The bungalows are +/- 646 square...KW Commercial is pleased to present 833 North Vendome Street, a one-of-a-kind Spanish-fourplex nestled in the heart of Silver Lake (90026). The property provides a unique opportunity for investors as well as owner-users. This property consists of four 1-bedroom, 1-bathroom apartment homes housed within three separate structures. There are two stand- alone bungalows built in 1924 and a duplex built in 1933 and all units boast original charm and architectural character. The bungalows are +/- 646 square feet each while the duplex consists of two units that are approximately +/- 763 square feet each. The property is situated on a +/- 5,432 square foot parcel zoned RD 1.5. Gas and electrical utilities are separately metered. There are four 1-car garages and private yards/ patios for tenants' enjoyment. Inside the units, residents will appreciate the timeless appeal of original hardwood flooring, Batchelder-type decorative fireplaces in two units, and authentic moldings and treatments reminiscent of vintage LA apartments. Located just .2 miles from Sunset Blvd and conveniently located in the heart of Silver Lake, this property is strategically positioned to leverage the vibrant energy of the Hollywood-Silver Lake submarket. Its transit- friendly and walkable location near Sunset Blvd. provides easy access to a plethora of entertainment venues, cultural attractions, and dining options, enriching the residential experience. With its prime location and promising income potential, 833 North Vendome represents an attractive investment opportunity for apartment operators seeking immediate returns and long-term wealth preservation and appreciation.
  1. Listed by Archie Robb • DRE #02002291 • Brokerage DRE #00686739 • Keller Williams Realty La Canada Flintridge
  2. Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01458187 • KW Commercial Studio City

Property Details for 833 North Vendome Street

Zoning
LARD1.5
Style
Bungalow
Parcel Number
5426013018
Total Units
4.0
Living Area
2818
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0

Location

Listing Courtesy of Keller Williams Realty La Canada Flintridge, Archie Robb, DRE #02002291; KW Commercial Studio City, Rich Johns, DRE #01432215
Add your commute
LISTING UPDATED: 04/05/2024 01:40 PM

Property Details for 833 North Vendome Street

StatusActive
MLS #24-374015
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.12 AC / 5,434 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty La Canada Flintridge, Archie Robb, DRE #02002291; KW Commercial Studio City, Rich Johns, DRE #01432215
Add your commute

Building Information for 833 North Vendome Street

Stories1Residences-Year Built1924Building Size-Lot Size0.12 AC / 5,434 SF

Payment Calculator

$8,772 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$313

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 833 North Vendome Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $87,265
  • Net Operating Income: $60,125.00
  • Gross Income: $89,046
  • Cap Rate: 3.90%
  • Gross Rent Multiplier: $17.40
  • Total Annual Expense: 27140
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1247
  • Lot Size Square Feet: 5434
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-28-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,928.00
  • Unit Actual Rent: $1,928.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,496.00
  • Unit Actual Rent: $2,496.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,216.00
  • Unit Actual Rent: $1,216.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,779.00
  • Unit Actual Rent: $1,779.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $179,314.00
  • Assessed Improvement Percent: 65.47
  • Assessed Land Value: $94,558.00
  • Assessed Land Percent: 34.53
  • Assessed Total Value: $273,872.00

Property History for 833 North Vendome 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 833 North Vendome Street

Taxable ValueLand$94,558Additions$179,314Total$273,872
Tax Record2023$3,761 ($313 / month)
Home Facts
Total Finished SqFt2,818 SqFtAbove Grade Finished SqFt2,818 SqFtLot Size5,432 SqFtStyleQuadraplexYear Built1924ZoningLARD1.5CountyLOS ANGELESAPN5426-013-018

Schools near 833 North Vendome 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 - 6 to 8
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Vista Charter Middle School
Charter6 to 8

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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833 North Vendome Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on March 28, 2024 by Keller Williams Realty La Canada Flintridge, it's currently listed at $1,550,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Micheltorena Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 833 North Vendome Street is a 4-bed, 4-bath, 2,818 sqft multi-family home built in 1924.

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 Keller Williams Realty La Canada Flintridge, Archie Robb, DRE #02002291; KW Commercial Studio City, Rich Johns, DRE #01432215

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.