$ 2,688,000
710 N La Fayette Park Place Los Angeles, CA 90026
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,688,000
Est. payment /mo
Pending
710 N La Fayette Park Place Los Angeles, CA 90026
10,038 SqFt
UPDATED:
11/12/2024 11:25 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 10,038 sqft
Price per Sqft $267
MLS Listing ID CL24427533
HOA Y/N No
Year Built 1965
Lot Size 9,657 Sqft
Acres 0.22
Property Description
Under the same family ownership for more than 50 years, 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 only 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. Tenants enjoy convenient access to the Greater Los Angeles metro via the 101 Freeway, within onramps just blocks from the property.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5402004007
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap