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$1,175,000
Est. payment /mo
4 Beds
1,520 SqFt
UPDATED:
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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Listed by Max Berger • Compass