3456 Plata Street Active

Los Angeles,CA 90026

$ 1175000

4 Beds

0 Bath

1520 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $773

MLS Listing ID CL25489149

Bedrooms 4

HOA Y/N No

Year Built 1925

Lot Size 3,757 Sqft

Acres 0.09

Property Sub-Type OTHER

Property Description

*** 3456 Plata is the lowest priced fourplex in 90026 *** Located 0.5 miles from Vigil Ave, 3456 Plata is a bungalow-style fourplex located minutes from one of LA's "coolest" streets. This culturally rich neighborhood is home to a flourishing food scene and famous boutiques 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, 3456 Plata is located 1.0 mile south of Sunset Blvd and the Silver Lake neighborhood. Built in 1925, this value-add opportunity features (1) 2-bdrm. unit, (1) VACANT 1-bdrm. unit, and (2) studio units that offer approx. 59% rental upside. At projected market rents, the property will stabilize at a 7.28% CAP and 10.51 GRM. 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. Property amenities include approx. 3 parking spaces and community laundry.

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Cooling No Air Conditioning

Flooring Tile,Wood

Fireplace No

Laundry Community Facility

Exterior

View Y/N false

View None

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 5401011005

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