858 North La Fayette Park Place
858 North La Fayette Park Place
$2,050,000
2
11
4,194
4,194
$489
Sold 11/4/22
Description
We are pleased to present an eleven (11) unit apartment building located at 858 N La Fayette Park Place in Los Angeles, California. The subject property is situated in a prime Silver Lake Location, south of Sunset Boulevard and east of Silver Lake Boulevard. Built in 1915, this property contains a solid unit mix of two (2) bachelor / one bathroom units, seven (7) studio / one bathroom units, and two (2) one bedroom / one bathroom units. Roof, electrical, and stairs were updated during the current...We are pleased to present an eleven (11) unit apartment building located at 858 N La Fayette Park Place in Los Angeles, California. The subject property is situated in a prime Silver Lake Location, south of Sunset Boulevard and east of Silver Lake Boulevard. Built in 1915, this property contains a solid unit mix of two (2) bachelor / one bathroom units, seven (7) studio / one bathroom units, and two (2) one bedroom / one bathroom units. Roof, electrical, and stairs were updated during the current ownership. The units feature wood flooring, kitchen appliances, HVAC split systems, closets, and balcony space. The subject property is located right off of Sunset Boulevard, where residents can enjoy trendy and walkable amenities. Some of these amenities include Foresta Boutique, Pilates Punx, Freedman's, Elio's Wood Fire Pizza, Cuscatleca Bakery, Epitaph Records, Silver Lake Ramen, and La Pergoletta on Sunset. The famous Silver Lake Flea market is also within walking distance, less than one (1) mile east of the subject property. There is a quaint but lovely pocket park, Laurel and Hardy Park, less than a mile away as well where tenants can relax. This is truly a central location in Silver Lake, 0.9 miles from Sunset Junction, 1.6 miles from Echo Park Lake, and 3.5 miles from Downtown with easy access to the -101 and -110 freeways. Tenants will also have access to the on-site laundry facilities and eight (8) on-site parking spaces. Situated in a prime Silver Lake location, this offering presents an excellent opportunity for any investor to capitalize on strong rental upside potential with a unique building right off of Sunset Boulevard.
- Listed by Jason Tuvia • DRE #01772495 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 858 North La Fayette Park Place
Zoning
LAR2
Cross StreetsSunset Blvd & Silver Lake Blvd
Parcel Number5402003011
Total Units11.0
Living Area4194
Source Living AreaAssessor
AreaSilver Lake (671)
Vacancy Rate0
Location
LISTING UPDATED: 11/04/2022 01:30 PM
Property Details for 858 North La Fayette Park Place
Status | Sold |
---|---|
MLS # | 22-157391 |
Days on Market | 74 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.20 AC / 8,622 SF |
County | Los Angeles County |
Location
Building Information for 858 North La Fayette Park Place
Stories2Residences-Year Built1915Building Size-Lot Size0.20 AC / 8,622 SF
Payment Calculator
$13,326 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 858 North La Fayette Park Place
Property History for 858 North La Fayette Park Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 858 North La Fayette Park Place
Taxable ValueLand$1,300,000Additions$750,600Total$2,050,600
Tax Record2023$25,661 ($2,138 / month)
Home Facts
Total Finished SqFt4,194 SqFtAbove Grade Finished SqFt4,194 SqFtLot Size8,622 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningLAR2CountyLOS ANGELESAPN5402-003-011
Schools near 858 North La Fayette Park Place
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.
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