$2,688,000 Price Analysis 710 N LA Fayette PlLos Angeles, CA 90026 18 bed 22 bath 10,038 SqFt ($267/SqFt) 9,657SqFt lot. Built 1965 Listed 2024-08-20 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This asset presents an investor with a prime opportunity to reposition and add value, as current rents are approximately 83% below local market rates. Located within two blocks of Sunset Boulevard, near the intersection of Silver Lake Boulevard and Sunset Boulevard, the property grants tenants access to some of the trendiest restaurants, boutiques and coffee shops within both Silver Lake and Echo Park.
Sunset Junction is 1.5 miles from the building, while the dense employment center in Downtown Los Angeles is merely 2 miles southeast. A new small format Target recently opened less than a half-mile from the building. Tnants enjoy convenient access to the Greater Los Angeles metro via the 101 Freeway, within onramps blocks from the property.
Presented by Roderick 'Rick' Raymundo at
Marcus & Millichap.
Property MLS #24-427533 from TheMLSCLAW
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.